by Samantha Sutcliffe | Jan 28, 2022 | HMRC, NICs, Tax
Payments on Account Payments on account are advance payments towards your tax and, where relevant, your Class 4 National Insurance bill. You may need to make them if you are self-employed or if you are a landlord. You may also need to make them if you operate your... 
by Samantha Sutcliffe | Jan 21, 2022 | HMRC, Tax
ITSA registration HMRC have published a call for evidence on the case for reforming the rules for registering for Income Tax Self Assessment (ITSA). The call for evidence is interested in hearing views on whether it would be beneficial to bring forward the deadline by... 
by Samantha Sutcliffe | Jan 14, 2022 | COVID-19, HMRC
SSP Changes To help employers affected by the spread of the Omicron variant of COVID-19, the Statutory Sick Pay (SSP) rebate scheme for small employers is being reintroduced. In addition, the period for which an employee can self-certify a sickness absence is... 
by Samantha Sutcliffe | Jan 7, 2022 | HMRC, Tax
File your 2020/21 tax return by 31 January 2022 If you need to file a self-assessment tax return for the year to 5 April 2021, you have until midnight on 31 January 2022 to file your return if you have not already done so. You must also pay any tax that you owe for... 
by Samantha Sutcliffe | Dec 22, 2021 | HMRC, MTD, VAT
HMRC is sending out two different letters about Making Tax Digital; one regarding VAT which is a reminder to some businesses that they must comply from April 2022. The other is about MTD for Income Tax Self-assessment which isn’t mandatory until April 2024. Which MTD?... 
by Samantha Sutcliffe | Dec 16, 2021 | HMRC, MTD, VAT
New MTD timetable Making Tax Digital (MTD) is a Government initiative that aims to provide the UK with one of the most digitally advanced tax administrations in the world. Under MTD, taxpayers are required to keep electronic records and report to HMRC digitally. MTD...