Hello,
This is our last newswire of the year. We have lots of useful news on new COVID-19 support, the Welsh budget and interest rate changes, together with case reports and updates. I am also very worried about Making Tax Digital (MTD) and the proposal for quarterly payment of Income Tax.
Chancellor Rishi Sunak has announced a new £1billion grant support package for those businesses most impacted by the Omicron COVID-19 variant.
Hello,
We have a new Agent Update from HMRC for you this time, our edited version also provides more detail on HMRC's Income Record Viewer (IRV) service. Agents can now sign up taxpayers for a private beta pilot.The IRV is a game changer for everyone. HMRC will be able to provide details of clients' pay, tax, employment history and tax code via the firm's agent services account.
HMRC have issued their Agent Update for December 2021. We have summarised the key content for you with links to our detailed guidance on the topics covered.
Hello,
Basis year reform is the biggest and most confusing tax reform to hit Self Assessment, since, well, the introduction of Self Assessment.
Hello,
This week's Tax Administration and Management Day saw the publication by the government of many new 'Calls for evidence' (a bit like a consultation, but not quite) and some responses to past consultations and 'calls'. We have picked out some of these for review this week and will pick more over the coming weeks.
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