10.05.22
A recovery in UK exports reported in February by The Office of National Statistics (ONS) has been short-lived, according to a new survey. It comes as figures from
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Spanish holiday home owners cautioned over post-Brexit tax impact
With the UK currently set to leave the EU by the end of January 2020, anyone who owns a Spanish holiday home needs to be prepared for the impact of Brexit on taxation
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Countdown to the 31 January Self-Assessment Tax Return deadline begins
Fewer than 100 days now remain until the 31 January 2020 deadline for the online submission of Self-Assessment Tax Returns. Self-Assessment Tax Returns must be...
Newly cohabiting parents warned over new tax charge
Newly cohabiting couples, where at least one of the partners is a parent, have been warned by a leading insurer to be aware of a tax charge, if either earns more...
Pension holders to be refunded £54 million of overpaid tax
New figures released by HM Revenue & Customs (HMRC) have revealed that it handed back more than £54 million to people who had overpaid tax on pension withdrawals...
HMRC trialling self-assessment checks to help local authorities to recover council tax
HM Revenue & Customs (HMRC) has announced that it is entering into data-sharing arrangements with local authorities to help clamp down on council tax debt. In the 2017
New figures show a sharp increase in Inheritance Tax (IHT) receipts
New figures published by HM Revenue & Customs (HMRC) have revealed a significant increase in the number and value of Inheritance Tax (IHT) receipts. The figures...
Renovated homes that have been empty for two years can qualify for a reduced rate of VAT
Although a key VAT-saving measure for listed dwellings was abolished in October 2012, there are still circumstances in which a renovation project can be subject to...
Half of all SMEs make VAT return mistakes
Half of all small-medium sized enterprises (SMEs) make errors when filing their VAT returns, according to the latest research. The data also revealed that just 27...
Tax investigations reap in £13 billion for the treasury
The latest official data from HM Revenue & Customs (HMRC) shows that the actual cash collected from all tax investigations hit £13 billion in 2018/19. This was up...
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