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If you receive HM Revenue and Customs (HMRC) or Department for Work and Pensions benefit payments (DWP) into a Post Office card account you need to change your account. The government acknowledges the important financial support these Benefits and Allowances …

Due to the increase in staycations, it is anticipated that HMRC will look at self-assessment returns declaring Furnished Holiday Lettings income to see that income reflects the recent boom in UK holidays and the substantial increases in the cost of …

The start date for HMRC’s plans for making the self-employed, sole traders including landlords keep accounting records electronically has been delayed. The new start date is 6th April 2024. From that date if you are a self-employed individual or sole …

The reduced rate of VAT offered to the hospitality sector as part of the governments business support during Covid. The current reduced rate of 5% changes to 12.5% from 1st October 2021. This rate will be available until 31st March …

HMRC are planning to introduce MTD for income tax from 6th April 2023 for unincorporated businesses. In the initial proposals your business would have had to start following the rules from the beginning of the accounting period starting on or …

The temporary reduced VAT rate of 5% that applied to supplies that are made between 15 July 2020 and 31 March 2021 has been extended to 30th September 2021. The government proposes to amend the reduced rate to 12.5% from …

You will be able to make a claim on the new scheme from late July 2021. The grant will be paid in a single instalment. For you to make a claim you must have been trading in the 2019-20 tax …

VAT deferred in 2020 due to coronavirus was payable earlier this year or you should have joined the online payment scheme before 21/06/21. If you did neither, payment must be made by the end of this month to avoid a …

HMRC’s plans for making the self-employed and sole traders including landlords to keep accounting records electronically from 6th April 2023 continues to cause concern. From that date if you are a self-employed individual or sole trader with income from business …

If you have a company vehicle and claim mileage for business travel or reimburse the company for private mileage in the company vehicle HMRC rates have changed from1st June. Engine size Petrol – rate per mile LPG – rate per …