My Latest Blogs
22nd October 2021
Self Assessment late payment penalties
HMRC are now issuing six month late payment penalty notices, as the due date for 2019/20 tax payments was over seven months ago (includes consideration to the additional months extension as a result of the pandemic). Taxpayers facing financial difficulties due to the impact of COVID-19 may have entered into a time to pay arrangement…
8th January 2021
Tax Disclosures: Bring your affairs up to date with HMRC
As our world becomes ever more digitalised, HMRC have gained access to a vast range of sources of information, which can make any undeclared income or gains easily identifiable. Tax enquiries can be daunting and we can provide assistance and support throughout such a task, ensuring not only that the position is resolved properly,…
21st April 2020
COVID-19 and the Statutory Residence Test (SRT)
HMRC have now updated their residence guidance in respect of COVID-19, recognising that the pandemic may impact individuals’ ability to move freely to and from the UK, or require individuals to remain unexpectedly in the UK. There have been two main changes: for overseas individuals coming to the UK to work in connection with…
17th April 2020
COVID-19: July POAs
With an increasing pressure on the government to provide financial support to UK taxpayers during the COVID-19 pandemic, amongst other proposals, the government announced the option for taxpayers to defer the payment of their second payment on account for 2019/20. Provided the required payment is made before 31 January 2021, no interest charges will be…