Category Archives: HMRC

The Bank of England Monetary Policy Committee voted on 3 November 2022 to increase the Bank of England base rate to 3% from 2.25%. HMRC interest rates are linked to the Bank of England base rate.

HMRC late payment interest rates revised

The Bank of England Monetary Policy Committee voted on 3 November 2022 to increase the Bank of England base rate to 3% from 2.25%. HMRC interest rates are linked to […]

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EU Laws to end December 2023 - Alexander Accountancy Burton on Trent

EU laws to end 31 December 2023

The UK Government will end the special status of all retained EU law by 31 December 2023. Under the Brexit Freedoms Bill, all EU legislation will be either amended, repealed […]

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Self Assessment – HMRC Fraudster Warning

HMRC is urging Self Assessment customers to be alert to fraudsters and scams that ask for their personal information or bank details.   Self Assessment customers, who are starting to think about […]

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Making tax digital filing VAT Alexander Accountancy Burton upon Trent

November 1st – VAT businesses to be ready for Making Tax Digital filing

HM Revenue and Customs (HMRC) is reminding businesses that from Tuesday 1 November 2022, they will no longer be able to use their existing Value Added Tax (VAT) online account […]

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Joining the MTD ITSA pilot-Alexander Accountancy Burton

Joining the MTD ITSA pilot

Some businesses and agents are already keeping digital records and providing updates to HMRC as part of a live pilot to test and develop the Making Tax Digital (MTD) for […]

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Notifying cessation of self-employment

Any taxpayers that have ceased to be self-employed must notify HMRC of their change in status. There are a number of steps that must be followed if a taxpayer ceases trading […]

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Taxpayers who return to the UK - Alexander Accountancy tax advisors Burton on Trent

Taxpayers who return to the UK

There are tax implications that you will need to consider if you previously left the UK to live abroad and are now either returning to live and work in the […]

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Check employment status for tax-Alexander Accountancy Burton

Check employment status for tax

The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified as employed or self-employed for tax purposes in both the […]

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