23 November 2021
CGT reporting and payment deadline extended
For disposals of UK residential property completed on or after 27 October 2021, the reporting and capital gains tax (CGT) payment deadline has been extended from 30 days after completion to 60 days.
20 October 2021
Maxing Tax Digital delayed until 2024
Maxing Tax Digital delayed until 2024 Introduction of Making Tax Digital (MTD) In recognition of the challenges to many businesses due to the pandemic, the government has delayed the introduction of Making Tax Digital (MTD) for income tax self-assessment (ITSA) by a further year. MTD will not be mandatory for self-employed individuals and landlords until […]
6 September 2021
Are you ready for MTD?
Are you ready for MTD? Tax Digital for Income Tax Self-Assessment Delayed Making Tax Digital for income tax self-assessment may still be 18 months away, but if you are self-employed or a landlord, it is time to get ready for digital record keeping, ahead of the deadline. MTD ITSA (Making Tax Digital for income tax […]
1 September 2021
Basis period rules among tax changes coming up
Basis period rules among tax changes coming up The Chancellor looks likely to skip the autumn Budget again The Chancellor looks likely to skip the autumn Budget again, but among other plans, changes to tax reporting for sole traders and partnerships are already in motion. Although it looks like the next Budget will be pushed […]
26 July 2021
A Question of Control
The off-payroll working (IR35) tests are still relevant despite the blanket approach often in place regarding contractors’ employment status...
30 June 2021
Sorrowful families – combating inheritance issues
The result of a recent High Court case is a caution for anyone challenging a will.