HMRC have updated their guidance on what constitutes a 'reasonable' excuse as grounds for appealing a tax penalty.
HMRC have updated their guidance on what constitutes a 'reasonable' excuse as grounds for appealing a tax penalty.
Happy New Year,
The year has kicked off with the welcome announcement by HMRC that there will be a penalty waiver for late-filing and payment of Self Assessment returns.
To ease COVID-19 pressures HMRC have announced that they will waive penalties for late filing and payment of 2020-21 Self Assessment returns and tax liabilities as long as returns are filed by 28 February and payments made by 1 April 2022.
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.
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