HMRC sends warning to cryptoasset users

As the use of cryptoassets continues to grow HMRC is warning people to check if they need to complete a self assessment tax return for the 2022/23 tax year to avoid potential penalties.

Anyone…

Read more

HMRC publishes guidance on MTD for ITSA for sole traders and landlords

HMRC has published guidance on the Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requirements for sole traders and landlords.

MTD for ITSA will require businesses and landlords…

Read more

Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin. The March issue has information on various topics, including:

  • PAYE Settlement Agreement payment
  • reporting…

Read more

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 June 2024.

The guidance states: 'you can use the previous rates for up to one month from the date the new…

Read more

Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 September 2024.

The guidance states: 'you can use the previous rates for up to one month from the date the…

Read more

Regulators request delay in corporate reporting

Financial regulators have requested a moratorium on corporate financial reports for at least two weeks. The Financial Conduct Authority (FCA) has been communicating with the Financial Reporting Council…

Read more

Lenders relax evidence requirements for business interruption loan scheme applications

On 27 April 2020 the UK's seven largest small business lenders announced they had relaxed their evidence requirements for applications to the Coronavirus Business Interruption Loan Scheme (CBILS).

The…

Read more

FCA confirms further support for consumer credit customers

The Financial Conduct Authority (FCA) has confirmed further support for users of certain consumer credit products if they are experiencing temporary payment difficulties due to the coronavirus pandemic.

The…

Read more

Wales reduces LTT rate

On 27 July, the Welsh government reduced the rate of Land Transaction Tax (LTT) following the cuts made to SDLT and LTT across the rest of the UK.

LTT is payable by the purchaser of residential…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up