HMRC Clarifies VAT Treatment of Voluntary Carbon Credits (VCC)
Introduction His Majesty’s Revenue and Customs (HMRC) has announced a significant policy update regarding the Value Added Tax (... Read More
Single R&D Tax Relief Scheme Proposed, Here’s What You Need To Know!
On January 13, HMRC stated that it had initiated a consultation on ideas to consolidate the several R&D tax ... Read More
Making Tax Digital For Income Tax Self Assessment Pushed, The Government Says It Understands The Current Challenging Economic Environment.
Government officials announced a two-year postponement of Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) on December 19, 2022. ... Read More
Single R&D Tax Relief Scheme Proposed, Here’s What You Need To Know!
On January 13, HMRC stated that it had initiated a consultation on ideas to consolidate the several R&D tax ... Read More
More than one million customers take advantage of extra time to file tax returns
More than 11.3 million customers filed their Self Assessment tax return by 28 February 2022. HM Revenue and Customs (HMRC) has revealed that ... Read More
Almost 100,000 customers spread the cost of their tax bill
Self Assessment customers can use HMRC’s online payment plan if they have filed their 2020 to 2021 tax return and are ... Read More