HM Revenue & Customs (HMRC) is set to waive fines for taxpayers who file their tax returns late, providing that they can prove that the delay was because of COVID-19.
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Self-Assessment: Taxpayers encouraged to file tax returns now to spread tax bill across the year
Taxpayers are being encouraged to file self-assessment tax returns now to ensure that they can spread their tax bill across 2021 through the ‘Time to Pay’ payment plan service.
Business rates: UK businesses could save almost £500 million after interim rebate ruling
Businesses in the UK could save a combined total of £481 million in business rates after an interim ruling on rebates.
HMRC: Penalty payments for non-compliance increase by 62 per cent
HM Revenue & Customs (HMRC) penalties for non-compliance by taxpayers have risen by 62 per cent, according to the latest research.
UK businesses still have ‘unanswered questions’ on post-Brexit rules
UK businesses are still unclear on which rules and regulations will apply to them once the Brexit transition period ends, according to data from the British Chambers of Commerce (BCC).
COVID-19: Time is running out to make November furlough claims
Businesses have just days left to make a claim for staff furloughed in November, with the deadline ending on 14 December 2020.
Key Capital Gains Tax changes for Self-Assessment taxpayers to be aware of
HM Revenue & Customs (HMRC) is reminding self-assessment taxpayers of key Capital Gains Tax (CGT) changes that they need to be aware of before 31 January 2021.
Government set to ban the sale of new petrol and diesel cars and vans from 2030
The Government is set to ban the sale of petrol and diesel cars and vans from 2030, with hybrid vehicles to follow in 2035.
Government set to unveil legislation enabling ministers to block foreign takeovers of UK companies
The Government is set to unveil new legislation that will enable ministers to block firms from ‘hostile states’ from completing takeovers of UK companies.
COVID-19: Payment holidays on credit cards, car finance and personal loans extended
Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.
