
The significance of ‘One To Many’ letters from HMRC
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where necessary, correct their tax returns.
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to offer a pay rise.
The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.