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30 September 2021 deadline for disguised remuneration repayment applications
In recent years, HMRC sought to crack down on those who had historically received disguised remuneration, colloquially known as ‘contractor loans’.
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Tax late penalty regime
HMRC have confirmed that a new points-based penalty regime will be introduced for late quarterly MTD submissions/annual tax returns along with revised penalties for the late payment of tax.
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Corporate and Private Client eNews
The latest edition of our eNews is now available to download from our publications page.
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Making Tax Digital for Income Tax
HMRC has confirmed MTD will apply from April 2023. Unincorporated businesses with trading and/or rental income exceeding £10,000 per year will be required to keep their accounting records with HMRC.
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Charity and Not for Profit eNews
The latest edition of our Charity and Not for Profit eNews is now available to download from our publications page.
