by adminjo | Aug 14, 2024 | HMRC
HMRC interest rates reduced The Bank of England’s decision to reduce the base rate to 5% means that HM Revenue & Customs (HMRC) will also reduce their interest rates.  The interest rates charged by HM Revenue and Customs on late tax payments, as well as the rates...
by adminjo | Jul 31, 2024 | HMRC
HMRC – Business Asset Disposal Relief checks The Institute of Chartered Accountants in England and Wales (ICAEW) have reported that HM Revenue and Customs (HMRC) are contacting taxpayers they believe may have overclaimed Business Asset Disposal Relief. What is...
by adminjo | Jul 26, 2024 | HMRC
Making HMRC pay for poor service Dealing with HM Revenue & Customs (HMRC) can sometimes be challenging. Long wait times when phoning for help, incorrect refund amounts, errors in tax codes and other issues can cause frustration. In recent months and years the...
by adminjo | May 24, 2024 | HMRC, Tax returns
HMRC – Are you an early bird? HM Revenue & Customs (HMRC) have released figures showing that 295,250 Self Assessment tax returns were filed in the first week of the new tax year. Almost 70,000 were filed on the first day – April 6th. This seems to suggest an...
by adminjo | May 8, 2024 | HMRC, Pension
Check your State Pension forecast. A new digital service has been launched that makes it easier to check if you have any gaps in your National Insurance (NI) record that may affect your State Pension entitlement. The service is called Check Your State Pension forecast...
by adminjo | Apr 29, 2024 | HMRC
Don’t get caught out by tax avoidance HM Revenue and Customs (HMRC) is running a campaign to help people avoid being caught out by tax avoidance schemes. This is particularly relevant to those who are contractors, agency workers or are working through an umbrella...
