Category: Tax

Institute of Directors warns Capital Gains Tax (CGT) rise would adversely affect entrepreneurs

Posted on January 22, 2021 | Self Employment | Startups | Tax
The Institute of Directors (IoD) has warned the government that a rise in CGT would affect Britain's entrepreneurial spirit. The business group believes CGT could be …

VAT Deferral

Posted on January 22, 2021 | Tax | VAT
HMRC has issued some guidance to taxpayers that deferred their VAT payments between 20 March and 30 June 2020 and still have payments to make. HMRC …

HMRC and Advertising Standard Authority launch new action to disrupt promoters of tax avoidance schemes

Posted on January 22, 2021 | Tax
HMRC and the Advertising Standards Authority (ASA) have launched a new joint enforcement notice to cut out misleading marketing by promoters of tax avoidance schemes. The …

Self assessment deadline approaching

Posted on January 22, 2021 | Self Employment | Tax
The deadline for submitting your 2019/20 self assessment return is 31 January 2021. The deadline applies to taxpayers who need to complete a tax return …