The Institute of Chartered Accountants in England and Wales (ICAEW) has raised concerns over proposals to alter the level of tax relief on pensions contributions for low-earners, arguing that any changes could burden businesses.
HM Revenue & Customs (HMRC) has received 54,800 tax relief claims from individuals for working from home using a new online portal.
From 1 October 2020, individuals who complete Self-Assessment tax returns will now be able to divide their tax bill into monthly instalments, without speaking to an HM Revenue and Customs (HMRC) adviser first.
From this week, Self Assessment customers affected by Covid-19 can apply online to spread the cost of their tax bill into affordable monthly payments.
HM Revenue & Customs (HMRC) has confirmed that Making Tax Digital (MTD) will be extended to all VAT-registered businesses from April 2022.
HM Revenue & Customs (HMRC) has announced new rates of Stamp Duty Land Tax (SDLT) for non-residents from 1 April 2021.
The Chancellor, Rishi Sunak, is considering the introduction of a new sales tax for the online retail sector in a bid to help the struggling high street compete with the e-commerce sector.
The Chancellor, Rishi Sunak, has commissioned a report into the UK’s Capital Gains Tax (CGT) system, it has been announced.
The “tax gap” – the difference between what should be paid and what is actually paid – has fallen to its lowest recorded rate, new figures have revealed.
Government to relax rule for stamp duty surcharge for exceptional circumstances relating to COVID-19
The Government is relaxing Stamp Duty Land Tax (SDLT) surcharge in exceptional circumstances where a property could not be sold due to the impact of the coronavirus pandemic.