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Our News page is updated daily and the news feed is supplied by Sift media who are well respected writers in the industry. If you are interested in new laws, guidance and reports on anything that is happening in Government that could affect your business, these posts -will be useful. You can also sign up to receive them in your inbox.
Over 3,000 tax returns filed on Christmas Day
Over 22,000 self-assessments were submitted between 24 and 26 December.HMRC raises tax debt interest rates
The 0.5% increase will come into effect on 6 January.Charity Commission expands annual return question set
The 2023 annual return has been updated in response to sector feedback.Spring Budget set for 15 March 2023
The budget will be accompanied by a forecast from the OBR.Treasury delays MTD for ITSA until 2026
The delay will give businesses more time to adapt.Help to grow digital scheme scrapped
Businesses have less than two months to apply for the programme.HMRC urges taxpayers to file returns before Christmas
Submitting self-assessments early will avoid late penalties.New VAT penalty regime starts from 1 January
Default surcharge to be replaced by a fixed rate, points based system.Government sets out overhaul of banking rules
The package of over 30 reforms will “cut red tape” and “turbocharge growth”.Registration criteria updated for MTD ITSA
Both individual taxpayers and agents will be affected.
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