Latest News
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Important deadline is one week away
The tax return for 2020/21 must be filed by 31 January 2022. Any tax due is payable by the same date, but in some circumstances this can be spread over the next tax year instead. Why do individuals need to act quickly to take advantage of this?
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Scottish Budget confirms 2022/23 income tax rates
The devolved Scottish parliament sets its own income tax rates and thresholds. In the latest Scottish Budget, the rates for the next tax year were announced. What’s the position for Scottish taxpayers?
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Government to implement suggested CGT changes
In May 2021, the Office of Tax Simplification made a number of recommendations for simplifying the capital gains tax system. The government has now accepted some of these. What’s the full story?
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Post Office payments temporary reprieve
HMRC was due to stop payments of certain benefits, including tax credits and child benefit, into Post Office accounts on 30 November 2021. However, a last-minute reprieve will be welcome news to claimants. What’s going on?
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Latest advisory fuel rates now available
HMRC updates its advisory rates for business miles undertaken in company cars quarterly. The latest figures are now available - what impact has the recent rise in fuel costs had?
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HMRC issues warning to those filing tax returns
December and January are always the busiest months for tax return filing. HMRC has recently issued a warning about self-assessment scams, including phishing emails and texts. How can people avoid getting caught?