As of February 2023, HM Revenue & Customs (HMRC) estimated that over two million people are unaware of the Marriage Allowance tax relief which could save them up to £252 a year.
Are you aware of the Government’s Marriage Allowance?
HMRC
Employee expenses and benefits: How to submit a P11D form
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
Act now to continue receiving tax credits, says HMRC
Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.
Are you prepared for payroll changes this April?
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
NFT fraudsters arrested by HMRC
Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million. Read more
Penalty reform for VAT delayed until January 2023
The penalty reform for late payments has been delayed until 1 January 2023, confirms a statement by Lucy Frazer (The Financial Secretary to the Treasury). Read more
Late filing penalties waived for one month to give taxpayers more time to prepare 2020/21 tax return
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced. Read more
Workers claiming Working Tax Credit urged to update their hours
Workers in receipt of Working Tax Credit (WTC), have been urged to check if they need to update their working hours. Read more
MTD for Income Tax delayed until April 2024, HMRC confirms
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. Read more
Personal tax: Thousands of parents “missing out” on Tax-Free Childcare
HM Revenue & Customs (HMRC) has reminded parents that they may be eligible for Tax-Free Childcare ahead of the new academic year. Read more