HMRC’s Self-Assessment helpline closed on 12 June 2023 and will re-open on 4 September 2023. This closure is part of a trial to direct Self-Assessment queries from the helpline to HMRC’s digital services, including online guidance, digital assistant
From 14 June 2023, the latest set of changes mandated by the Charities Acts 2022 came into force.
Changes now in place include simplified legal requirements that charities must comply with before selling, transferring or leasing land, and new
The settlement legislation is intended to prevent an individual from gaining a tax advantage by diverting his or her income to another person who is liable at a lower rate of tax or is not liable to Income Tax.
Where a settlor has retained an
HMRC has a useful online tool to help agents and taxpayers know when they can expect to receive a reply from HMRC regarding a query or request that they have made. The online tool is updated weekly.
The online tool has recently been extended to
The Gift Aid Small Donations Scheme (GASDS) allows qualifying charities and Community Amateur Sports Clubs (CASCs) to claim a top-up equivalent to Gift Aid on small donations of money made without a Gift Aid declaration. A small donation is defined
The Chancellor, Jeremy Hunt, has announced a new £650 million package of measures to help boost UK life sciences.
The new ‘Life Sci for Growth’ package brings together 10 different policies including £121 million to improve commercial clinical
A recent investigation by the House of Commons Committee of Public Accounts, in connection with the UK passport office, has found that hundreds of thousands of applicants faced unacceptable delays in receiving their passports.
Following the removal
There is no requirement for employers to pay tax and National Insurance on certain health benefits covered by tax concessions or exemptions. For example, there is no requirement to report employees’ medical or dental treatment or insurance if they
The GOV.UK website offers the following guidance if you are considering a patent application.
A UK patent may help if you want to take legal action against someone who uses your invention without your permission. For example, if they sell or
There does seem to be a trend to replace human interactions with automated AI systems. This is especially evident in the management of our tax system.
There was a time, many years ago, when each taxpayer’s tax affairs would be managed by a local tax
1 July 2023 – Due date for corporation tax due for the year ended 30 September 2022.
6 July 2023 – Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs.
19 July 2023 – Pay Class 1A NICs (by the 22 July
HMRC has issued an updated version of their online guidance entitled ‘Check if a text message you’ve received from HMRC is genuine’. The guidance provides a current list of genuine text messages issued by HMRC.
The list has been updated to include
There are a number of reliefs available that can reduce liability to IHT. Of most interest to farmers is the Agricultural Property Relief (APR). Relief is available at a rate of 100% or 50% depending on who farms the land and how long the land has
HMRC is reminding parents that they may be eligible for Tax-Free Childcare (TFC) to help pay for childcare costs. The scheme was used by almost 650,000 families during the 2022-23 tax year. This represented a significant increase over the previous
Fraudsters often try to take advantage of the 31 July deadline for submitting tax credits renewal information.
The fraudulent emails, texts or calls claim to be from HMRC and often promise money back in the form of a tax rebate together with a
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