The National Food Strategy: Part Two was published earlier this month. And, as usual, its recommendation to tax wholesale sugar and salt hit the headlines first. But it contains a more holistic view of the [...]
Working out your Inheritance Tax position is notoriously difficult. So this new, free online tool is a useful addition to HMRC’s support. It’s designed to help people figure out if they owe Inheritance Tax, how [...]
An Upper Tribunal has just ruled that HMRC cannot use their discovery assessment rules to impose the High Income Child Benefit Charge (HICBC) if the taxpayer doesn’t file a self assessment tax return. This could [...]
Not all landlords have large numbers of multi-occupancy properties. Maybe you’ve inherited a property and want to let it out, rather than sell. Or perhaps you’ve taken advantage of the Stamp Duty holiday and are [...]
Business Secretary Kwasi Kwarteng reassures businesses that HMRC won’t heavy handed in their treatment of businesses that are in debt to the government. We’re all still in the context of uncertainty. New variants of the [...]
HMRC have just updated the basic information about this fifth and final Self-Employment Income Support Scheme (SEISS) grant. Check out what’s the same, what’s different and see if you’re eligible to make a claim. When [...]
The Finance Ministers of the world’s seven most “advanced economies” had their meeting in the Cornwall sunshine this week end. And they’ve agreed to, what Chancellor Sunak calls, “seismic tax reforms”. The headline grabber being [...]
63,521 taxpayers filed their 2020-21 self assessment tax return on 6th April 2021. No procrastination, no worrying about missing deadlines, just done and filed as soon as possible. Unsurprisingly, HMRC are holding this up as [...]
Most people buying property in England and Northern Ireland must pay Stamp Duty Land Tax (SDLT) on their purchase. This was payable on all property over £125,000. But in July 2020, the government raised the [...]
HMRC take on their latest high profile case and ask Gary Lineker to pay an almost £5million unpaid tax bill. The Stats HMRC are claiming the Gary Lineker owes: £3,621,735.90 income tax £1,313,755.38 National Insurance [...]
