Nearly 100,000 taxpayers used HM Revenue & Customs’ (HMRC) Time to Pay self-serve facility to spread the cost of their 2020/21 tax bill, it has been revealed.
Continue readingCategory Archives: Tax
Marriage Allowance: Can you claim up to £1,220 in tax relief this Valentine’s Day?
HM Revenue & Customs (HMRC) is calling on spouses and civil partners to sign up for the Marriage Allowance this Valentine’s Day.
Continue readingCryptocurrency and working out your tax liabilities
Cryptocurrencies are proving volatile at the moment with values tanking and then picking up again as the market fluctuates.
Continue readingHMRC scam calls have decreased by 97 per cent
Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported.
Continue readingNew rules to end second home tax loophole
Multiple homeowners who leave “holiday lets” empty will no longer be able to claim tax benefits, it has been announced.
Continue readingLate filing penalties waived for one month to give taxpayers more time to prepare 2020/21 tax return
Late filing and late payment penalties will be waived for one month to give taxpayers more time to prepare their 2020 to 2021 Self Assessment tax return, it has been announced.
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