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Less than one week to go for MTD

Less than one week to go for MTD

There is only one week left to prepare for Making Tax Digital (MTD) for VAT-registered businesses as it becomes mandatory on April 1. MTD was set up to help taxpayers get their tax returns right by reducing common mistakes as well as saving time managing their tax...
More than a million take advantage of extra time to file tax returns

More than a million take advantage of extra time to file tax returns

HM Revenue and Customs (HMRC) has revealed that more than one million of their customers filed their tax returns in February, taking advantage of the extra time its allowed for people to complete their Self-Assessment without facing a penalty. This move was vital in...
One week to file your Self-Assessment return!

One week to file your Self-Assessment return!

HM Revenue and Customs (HMRC) has warned retailers to ensure they file their Self-Assessment tax returns and avoid a penalty, ahead of the February 28 deadline. This year, HMRC has given retailers extra time to complete their 2020/21 tax returns by extending the...
Declare COVID-19 grants on tax returns

Declare COVID-19 grants on tax returns

HM Revenue and Customs (HMRC) has urged retailers to declare and include COVID-19 grants or payments on their company tax returns if they are taxable.