Latest News
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Scottish Budget approved - after furore!
The Scottish Budget for 2023/24 went ahead on 15 December but only after a furore in the Scottish Parliament about leaked documents relating to the proposed tax and other announcements. But were these good or bad news if you’re a Scottish taxpayer?
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HMRC makes further changes to Form P87
In May 2022 HMRC made Form P87 mandatory for employees claiming tax relief for job-related expenses unless they had already made a claim through self-assessment. What's it changed now?
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New VAT penalty regime to start in January 2023
The often-criticised default surcharge regime is coming to an end, and a new system for late VAT returns and payments will be introduced from 1 January 2023. How will the migration to the new scheme be handled?
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Don’t miss key December deadline
The deadline for filing your tax return for 2021/22 is 31 January 2023. However, an earlier deadline of 30 December might be relevant to you.
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When is a dividend “paid” for tax purposes?
The First-tier Tribunal recently considered a case where two shareholders were voted an interim dividend which were then paid on separate dates. HMRC wanted to treat the dividend of one shareholder as paid on the date the other shareholder received the funds, which would have made it taxable in the UK. What’s the full story?
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Coronavirus still causing HMRC issues
It transpires that HMRC’s system has not accepted some voluntary Class 2 NI payments for 2020/21, meaning entitlement to the state pension might be affected. Do you need to take action to resolve this?