Annual Investment Allowance (AIA) decreases
With the 2021 harvest behind us and autumn drilling underway, you may be thinking ahead to machinery requirements and potential purchases.
Don’t click on the link. Covid-19 scams
Scam texts, emails and phone calls saying they’re from HMRC are on the rise. And it can be increasingly difficult to tell the real from the fake.
Making Tax Digital: at a glance
HMRC’s flagship Making Tax Digital (MTD) programme has seen many stops and starts over the years. Where are we now?
Key highlights from the UK Government Tax Day announcements
On 23 March 2021, the UK government held its first-ever ‘Tax Day’ whereby it published a series of tax documents and consultations. It is all a part of a move to strengthen policymaking and to help create a more “trusted, simple and modern tax system”.
5% penalty for late payment of tax waived until April 2021
Did you know that you will be liable to a 5% penalty in addition to interest charges if your tax is paid more than 30 days late?
