With the Coronavirus Job Retention Scheme (CJRS) set to end 30 September 2021, HMRC has published data showing that two million workers remain on furlough. The data showed that the number of employees on the CJRS fell by 590,000 during June. The total number of...
The government has announced changes to the tax system that will make it easier for small businesses to fill out their returns. The changes, which will come into force by 2023, will mean businesses will be taxed on profits arising in a tax year, rather than profits of...
HMRC have now published full details of the fifth Self-employment Income Support Scheme (SEISS) grant, including a new turnover test which determines the level of the grant. The key change from the previous SEISS grant is that the level of the grant depends on whether...
Tax grab by HMRC on landlords!!! Billions of £’s spent by Government during Covid to be recovered!!! Penalties to rocket!!! Even genuine tax payers may be hit!!! Investigations may go back to year dot!!! IF YOU RECEIVE ONE OF THESE ENQUIRY LETTERS OR IF YOU ARE...
According to the latest figures from Action Fraud, the average loss from pension scams has reached £50,949 this year. This figure is more than double the typical figure of £23,689 reported last year. Action Fraud claimed that losses in each case ranged from less than...
Three schemes launched on 1 July will deal with VAT on business-to-consumer supplies of goods and services to EU customers. They are known as the ‘Union’, ‘non-Union’ and ‘import’ schemes. The schemes are designed to facilitate the...
