Latest News
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Interest on unpaid tax bills increases again
The Bank of England’s base rate has crept up again, causing late payment interest rates to increase from next week. What are the new charges, and is there an end in sight to these increases?
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HMRC confirms closure of VAT helpline
The VAT registration helpline, which many businesses use to raise queries about whether they need to register for VAT, is to be closed at very short notice. Why is HMRC scrapping the service and when?
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Rat-infested property is “suitable for use as a dwelling”
The First-tier Tribunal has found that a property in disrepair, inhabited by rodents, is still suitable for use as a dwelling for tax purposes. This sounds illogical - so what’s the full story?
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HMRC changes policy on time-to-pay arrangements
The loan charge in respect of historic use of "disguised remuneration" schemes is one of the most controversial enforcement policies in existence. If you owe money under the rules, why might a quiet change in policy relating to repayment arrangements?
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HMRC services disrupted by strikes
You may experience difficulty or severe delays contacting HMRC’s helplines over the next few weeks, with several strikes planned. What are the scheduled dates, and how else might you resolve queries?
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HMRC announces new service to help with basis period reform
From 2024/25, all unincorporated businesses will have to report their profits using a tax year basis period. The current tax year is a transitional year, meaning there will be a need to make some adjustments when declaring your results. How will a newly-announced online form help?