Category: Tax

Self assessment taxpayers warned to watch out for scammers posing as HMRC

Posted on December 3, 2020 | Employment | Tax
HMRC is warning self assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the …

HMRC confirms MTD for corporation tax to be mandated from 2026

Posted on December 3, 2020 | Employment | Tax | VAT
In a new consultation HMRC has confirmed that Making Tax Digital for corporation tax (MTD for CT) will not be implemented until 2026 'at the …

Gifts to employees can be tax-free

Posted on December 3, 2020 | Employment | Tax
Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will …

Virtual Christmas parties will qualify for tax exemption

Posted on December 3, 2020 | Employment | Tax
HMRC has confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the tax exemption rules for …