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Self-Assessment late payment penalties relaxed but interest still accrues

22nd February 202122nd February 2021

Following HM Revenue & Customs’ (HMRC) announcement that it is waiving late filing penalties for Self-Assessment taxpayers who file by 28 February, it has now announced that it is waiving the five per cent late payment penalty that usually applies from 3 March for taxpayers who pay or set up a payment plan by 1…

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Online sales tax proposal for Autumn Budget

8th February 20218th February 2021

The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage.

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Number of late Self Assessment returns doubles, HMRC reveals

5th February 20215th February 2021

The number of taxpayers who failed to file their Self Assessment tax return on time has doubled, HM Revenue & Customs (HMRC) has revealed.

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Coronavirus apprenticeships guidance updated

16th July 202016th July 2020

Updated guidance from the Department for Education on apprenticeships during the Coronavirus crisis has been published and contains a number of announcements relating to employment arrangements for apprentices. These updates include confirmation that: Apprentices aged 19 and older can begin to resume on-site training; Apprentices who are made redundant but continue their study element can…

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COVID-19: The key dates for your tax diary

1st July 20201st July 2020

There are a number of Government support measures to help businesses through the coronavirus pandemic, as well as various business tax obligations being deferred. However, it can be difficult to keep track of all of the dates, deadlines and requirements, with many being amended, delayed or deferred over the past few months.

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