HMRC's policy briefing 'Supporting organisations to comply with changes to the Off-Payroll Working rules (IR35)' notes a one-year soft landing on penalties and contains some useful examples to illustrate how it expects to deal with PAYE compliance reviews.
Nichola's SME Tax W-update 11 February 2021
Hello
As you might have seen, HMRC has now published details of Income Tax and NICs rates and allowances for next year. We also have the details for calculating car and van benefits. These are free for all to view in the Tax Data section of our website.
Nichola's SME Tax W-update 4 February 2021
Hello
I have been updating our Construction Industry Scheme (CIS) Reverse Charge VAT guide over the last day or two. The new regime is due to commence in April, and to help explain some of the trickier aspects of the proposed regime we have added some examples. Construction firms should now be making changes to their VAT accounting systems and training staff as necessary. There is a lot to take on board.
Nichola's SME Tax W-update 28 January 2021
Hello
This week kicked off with the welcome news that HMRC is relaxing late filing penalties for Self Assessment this year and we end the week with two HMRC Brexit ‘Specials’. What a 'funny' old month January has been.
Agent Update: January 2021 Brexit edition
HMRC have issued a Brexit edition Agent Update for January 2021. We have summarised the key content for you with links to our detailed guidance on the topics covered.
2019-20 Tax return penalties delayed to 28 February
HMRC have announced that taxpayers who do not file their 2019-20 tax return by 31 January 2021 will not receive a late filing penalty if they file by 28 February 2021.
Page 49 of 180