https://www.taxassist.co.uk/News Feeden-usCopyright (C) 2012 www.taxassist.co.ukChancellor Rishi Sunak has called upon all self-employed taxpayers yet to submit their 2018/19 self-assessment tax return online to do so by 23rd April to ensure they do not miss out on eligibility for the new Self-Employed Income Support Scheme.https://www.taxassist.co.uk/resources/show-news/id/700000180Fri, 27 Mar 2020 15:08:21 GMTAs the nation embarks on a three-week lockdown to contain the COVID-19 pandemic, many unsavoury individuals are taking advantage of under-pressure small businesses and self-employed professionals using online scams and phishing techniques.https://www.taxassist.co.uk/resources/show-news/id/700000178Thu, 26 Mar 2020 11:21:00 GMTChancellor of the Exchequer, Rishi Sunak, has announced “one of the most significant economic interventions” from a UK Government with a much-needed Self-Employed Income Support Scheme, protecting the nation’s five-million-strong army of self-employed professionals.https://www.taxassist.co.uk/resources/show-news/id/700000179Thu, 26 Mar 2020 18:00:49 GMTThe Coronavirus Business Interruption Loan Scheme (CBILS) is now available to businesses who are struggling with their cashflow as a result of the coronavirus outbreak.https://www.taxassist.co.uk/resources/show-news/id/700000177Tue, 24 Mar 2020 17:38:00 GMTThere was relatively little content relevant for self-employed individuals and the Chancellor has suggested that specific measures will be introduced in the coming week. https://www.taxassist.co.uk/resources/show-news/id/700000175Sat, 21 Mar 2020 15:34:49 GMTOn Friday 21st March, Chancellor Rishi Sunak announced that The Government will be supporting businesses by allowing them to defer VAT payments for three months.https://www.taxassist.co.uk/resources/show-news/id/700000176Sat, 21 Mar 2020 15:51:51 GMTTo support businesses in the UK, the Governments of England, Scotland, Wales and Northern Ireland have announced a series of Business Rate and Cash Grant packages to help them through the coronavirus outbreak.https://www.taxassist.co.uk/resources/show-news/id/700000174Fri, 20 Mar 2020 11:06:34 GMTChancellor of the Exchequer Rishi Sunak has unveiled a war chest worth up to £350 billion, designed to save the UK economy and give businesses certainty over the coming months.https://www.taxassist.co.uk/resources/show-news/id/700000172Wed, 18 Mar 2020 14:36:43 GMTThe Government has announced that it will be deferring new rules affecting contractors working for the private sector, directly or through an agency, that were due to come into force from 6th April 2020 until 6th April 2021.https://www.taxassist.co.uk/resources/show-news/id/700000173Wed, 18 Mar 2020 16:49:11 GMTHMRC has stated from this April it will no longer send out paper returns to self-assessment taxpayers in a bid to encourage them to use the online service and reduce paper waste.https://www.taxassist.co.uk/resources/show-news/id/700000171Tue, 17 Mar 2020 11:21:19 GMTHMRC has launched a new helpline to support businesses and self-employed people concerned about not being able to pay their tax because of COVID-19.https://www.taxassist.co.uk/resources/show-news/id/700000170Fri, 13 Mar 2020 12:46:39 GMTThe Chancellor of the Exchequer, Rishi Sunak, has moved to reassure business owners by announcing a range of measures to support employers in his inaugural Budget.https://www.taxassist.co.uk/resources/show-news/id/700000167Wed, 11 Mar 2020 15:42:44 GMTChancellor Rishi Sunak has introduced a number of initiatives to reassure businesses about the possible impact of Coronavirus, as well as unveiling broader measures designed to promote growth throughout the UK’s community of businesses and entrepreneurs.https://www.taxassist.co.uk/resources/show-news/id/700000168Wed, 11 Mar 2020 17:02:37 GMTThe first Budget of Chancellor Rishi Sunak’s career includes a host of taxation measures that could have implications for your personal tax situation.https://www.taxassist.co.uk/resources/show-news/id/700000169Wed, 11 Mar 2020 17:51:05 GMTHM Treasury has published its review into changes to the off-payroll working rules, commonly referred to as IR35.https://www.taxassist.co.uk/resources/show-news/id/700000166Wed, 04 Mar 2020 11:14:16 GMTThe Treasury provided an early pre-Budget bonus for a string of small businesses in England with new business rate reliefs announced for entertainment venues such as public houses, music venues, cinemas, as well as units occupied by local newspapers.https://www.taxassist.co.uk/resources/show-news/id/700000165Wed, 19 Feb 2020 10:51:59 GMTGrowth in the number of research and development tax relief claims has risen by 35% annually since its launch back in 2001, but the scheme remains underutilised by many small businesses.https://www.taxassist.co.uk/resources/show-news/id/700000164Tue, 18 Feb 2020 15:11:47 GMTWith just a few weeks until Budget 2020, TaxAssist Accountants has sought to put the everyday issues facing the UK’s small business community on the radar of Chancellor, Sajid Javid.https://www.taxassist.co.uk/resources/show-news/id/700000163Wed, 12 Feb 2020 15:05:07 GMTNow the 31st January deadline for 2018-19 self-assessment tax return submissions has passed, TaxAssist Accountants can confirm it has filed more than 100,000 personal tax returns on behalf of its nationwide client base.https://www.taxassist.co.uk/resources/show-news/id/700000162Mon, 10 Feb 2020 17:09:59 GMTThis year saw 95% of taxpayers in the UK filing their 2018-19 self-assessment tax returns ahead of 31st January, but 958,296 missed the deadline, earning instant £100 late filing penalties.https://www.taxassist.co.uk/resources/show-news/id/700000161Tue, 04 Feb 2020 12:53:48 GMTHM Revenue and Customs has revamped its Time to Pay agreements for taxpayers requiring a payment plan to cover their outstanding tax.https://www.taxassist.co.uk/resources/show-news/id/700000160Thu, 30 Jan 2020 16:02:32 GMTA new independent survey of UK taxpayers has revealed that almost a third of those who file their own self-assessment tax return don’t fully understand what they can and can’t claim for.https://www.taxassist.co.uk/resources/show-news/id/700000159Fri, 24 Jan 2020 11:08:16 GMTThe Association of Taxation Technicians has warned property landlords of a potential overhaul of letting relief rules, which could result in bigger capital gains tax bills when they sell their property.https://www.taxassist.co.uk/resources/show-news/id/700000158Thu, 23 Jan 2020 10:22:00 GMTEntrepreneurs’ Relief, a valuable tax break for entrepreneurs, is reportedly under threat in the upcoming Budget 2020.https://www.taxassist.co.uk/resources/show-news/id/700000157Fri, 17 Jan 2020 13:23:49 GMTScotland’s Finance Secretary Derek Mackay will unveil his tax and spending proposals for 2020-21 on Thursday 6th February – a month before the UK budget.https://www.taxassist.co.uk/resources/show-news/id/700000156Wed, 15 Jan 2020 12:50:38 GMTSajid Javid has confirmed the date of the Budget 2020 for 11th March.https://www.taxassist.co.uk/resources/show-news/id/700000155Tue, 07 Jan 2020 12:15:34 GMTWith less than a month to go until the 31st January deadline, 5.4 million people have yet to complete their tax returns.https://www.taxassist.co.uk/resources/show-news/id/700000154Mon, 06 Jan 2020 15:17:07 GMTAccording to new data from HM Revenue and Customs, a record 3,003 people filed their tax returns on 25th December – a 15% rise on 2018 when just over 2,500 used Christmas Day.https://www.taxassist.co.uk/resources/show-news/id/700000153Fri, 03 Jan 2020 12:34:22 GMTSelf-employed professionals could experience tax bills twice as high as anticipated next year following a “glitch” in the self-assessment tax system.https://www.taxassist.co.uk/resources/show-news/id/700000134Thu, 24 Oct 2019 17:12:23 GMTAlthough the vast majority of business owners claim to understand the UK’s tax relief system, a recent study by Receipt Bank reveals many are missing out on tax breaks for various items and services through lack of awareness.https://www.taxassist.co.uk/resources/show-news/id/700000152Fri, 20 Dec 2019 16:26:06 GMTAn astonishing £24 million a year is missed by British freelancers who allow eligible everyday business expenses to get unclaimed on their self-assessment tax returns.https://www.taxassist.co.uk/resources/show-news/id/700000151Fri, 13 Dec 2019 11:55:02 GMTThe nationwide grass roots campaign which celebrates and supports all types of small firms across the UK is to be staged this weekend.https://www.taxassist.co.uk/resources/show-news/id/700000150Thu, 05 Dec 2019 09:17:53 GMTHM Revenue and Customs (HMRC) has received almost 900,000 reports from taxpayers in the last 12 months of suspicious contact from cyber-criminals purporting to be HMRC via telephone, text messages and emails.https://www.taxassist.co.uk/resources/show-news/id/700000149Wed, 27 Nov 2019 10:55:03 GMTPrime Minister Boris Johnson, has pledged to pause proposed cuts to corporation tax rates in the UK. https://www.taxassist.co.uk/resources/show-news/id/700000148Fri, 22 Nov 2019 14:39:46 GMTOne of the world’s most innovative bookkeeping automation platforms has recently reached a new landmark, digitally processing more than 250 million financial documents for businesses, transforming the efficiency and accuracy of claiming expenses across the UK.https://www.taxassist.co.uk/resources/show-news/id/700000147Mon, 04 Nov 2019 14:53:44 GMTChancellor of the Exchequer, Sajid Javid, has postponed the Autumn Budget 2019 scheduled for 6th November.https://www.taxassist.co.uk/resources/show-news/id/700000146Tue, 29 Oct 2019 09:18:07 GMTHM Revenue and Customs (HMRC) has warned UK taxpayers eligible for 2018-19 self-assessment that they have less than 100 days to go until 31st January 2020 deadlinehttps://www.taxassist.co.uk/resources/show-news/id/700000145Thu, 24 Oct 2019 14:43:07 GMTThe latest statistics from HMRC confirms there was a 22% year-on-year increase in the number of claims submitted for R&D tax credits in 2017-18.https://www.taxassist.co.uk/resources/show-news/id/700000144Thu, 17 Oct 2019 16:45:08 GMTThe Chancellor of the Exchequer, Sajid Javid, has announced that this year’s Budget will be held on Wednesday, 6th November.https://www.taxassist.co.uk/resources/show-news/id/700000143Mon, 14 Oct 2019 10:46:41 GMT71% of self-employed professionals believe it is harder for them to get a mortgage application accepted than full-time employed applicants.https://www.taxassist.co.uk/resources/show-news/id/700000142Tue, 08 Oct 2019 12:47:55 GMTChancellor of the Exchequer, Sajid Javid, has revealed the Government aims to increase the national living wage to £10.50 within the next five years.https://www.taxassist.co.uk/resources/show-news/id/700000141Fri, 04 Oct 2019 09:37:27 GMTCompanies House has issued a warning to private companies with 31st December 2018 year-ends and public companies with 31st March 2019 year-ends to file their accounts ahead of the 30th September deadline.https://www.taxassist.co.uk/resources/show-news/id/700000140Thu, 26 Sep 2019 10:19:27 GMTHM Revenue and Customs has distributed 120,000 TV licence-style warning letters to VAT-registered small businesses that missed the deadline for their first Making Tax Digital for VAT return in August.https://www.taxassist.co.uk/resources/show-news/id/700000139Mon, 23 Sep 2019 13:49:30 GMTThe Government has confirmed it will put on hold plans to introduce reverse charge VAT in the construction industry for another 12 months.https://www.taxassist.co.uk/resources/show-news/id/700000138Tue, 10 Sep 2019 16:58:48 GMTRecent statistics from the Government suggest only 5% of eligible small companies are claiming the research and development tax relief they are due for their innovation.https://www.taxassist.co.uk/resources/show-news/id/700000124Tue, 04 Jun 2019 12:30:08 GMTNew figures from the Office of National Statistics show that 4.97 million people in the UK are now self-employed professionals.https://www.taxassist.co.uk/resources/show-news/id/700000137Tue, 20 Aug 2019 13:11:58 GMTMore than 3,800 small businesses have missed their first deadline for quarterly digital VAT returns, as part of the UK’s new Making Tax Digital system.https://www.taxassist.co.uk/resources/show-news/id/700000136Thu, 15 Aug 2019 09:50:46 GMTMore than half of small business owners admit to making errors when filing their VAT returns, while only 27% are confident in the accuracy of their figures.https://www.taxassist.co.uk/resources/show-news/id/700000135Fri, 09 Aug 2019 10:46:18 GMTThe FSB has shared its three-pronged strategy for the small business community with Boris Johnson.https://www.taxassist.co.uk/resources/show-news/id/700000133Thu, 25 Jul 2019 16:51:29 GMTA widely respected international think-tank has calculated that the UK’s freelance community generates up to £145 billion a year for the national economy.https://www.taxassist.co.uk/resources/show-news/id/700000132Fri, 19 Jul 2019 09:55:59 GMTHMRC is advising businesses that have an annual turnover above the £85,000 VAT threshold to sign up to Making Tax Digital before the 7th August VAT filing date.https://www.taxassist.co.uk/resources/show-news/id/700000131Mon, 15 Jul 2019 10:15:47 GMTHMRC has recommended small businesses eligible for Making Tax Digital should allow up to five working days to set up direct debit instructions and begin making quarterly VAT payments.https://www.taxassist.co.uk/resources/show-news/id/700000130Thu, 11 Jul 2019 12:21:26 GMTThe second instalment of 2018-19 self-assessment tax returns, known as a payment on account, is due on 31st July.https://www.taxassist.co.uk/resources/show-news/id/700000129Fri, 05 Jul 2019 11:58:25 GMTNews of a “robust package” of measures, designed to ensure small businesses get paid on time, have been welcomed by the FSB and AAT.https://www.taxassist.co.uk/resources/show-news/id/700000128Thu, 27 Jun 2019 13:03:18 GMTA new survey commissioned by Intuit QuickBooks, has revealed 11% of business owners are still in the dark about new rules on digital tax records.https://www.taxassist.co.uk/resources/show-news/id/700000127Thu, 20 Jun 2019 12:25:49 GMTAlmost 5,000 UK taxpayers have received refunds totalling £1.8m after HMRC opted to cancel ‘failure to notify’ penalties among those within the higher rate income tax threshold.https://www.taxassist.co.uk/resources/show-news/id/700000126Thu, 13 Jun 2019 10:12:00 GMTHM Revenue and Customs will be carrying out scheduled maintenance over the next two weekends on its Making Tax Digital services for VAT and ITSA. https://www.taxassist.co.uk/resources/show-news/id/700000125Thu, 06 Jun 2019 10:31:33 GMTMore than a quarter of small business owners have been forced to pay their own suppliers late as a consequence of unpaid invoices from larger companies.https://www.taxassist.co.uk/resources/show-news/id/700000123Thu, 30 May 2019 11:30:30 GMTHM Revenue and Customs is inviting landlords with furnished holiday lets to take part in trials of its new Making Tax Digital system.https://www.taxassist.co.uk/resources/show-news/id/700000122Tue, 28 May 2019 10:36:44 GMTHM Revenue and Customs forging ahead with plans to tackle tax evasion in the restaurant and takeaway sector.https://www.taxassist.co.uk/resources/show-news/id/700000121Fri, 24 May 2019 11:32:36 GMTInnovative UK start-ups seeking funding from a Government programme are being made to wait three times longer for investment than they were originally promised, according to the Enterprise Investment Scheme Association.https://www.taxassist.co.uk/resources/show-news/id/700000120Fri, 03 May 2019 10:26:15 GMTThe UK’s fastest-growing small businesses have been given access to an additional £200m of Government-backed funding to underpin their continued success as the UK prepares to leave the European Union.https://www.taxassist.co.uk/resources/show-news/id/700000119Thu, 18 Apr 2019 15:57:39 GMTThe new 2019-20 financial year commenced from 6th April, bringing about a host of amendments to tax bands and tax rates that are useful for small business owners to be aware of.https://www.taxassist.co.uk/resources/show-news/id/700000118Thu, 11 Apr 2019 09:40:15 GMTSmall businesses with earnings above the VAT threshold of £85,000 are now legally obliged to maintain digital records and submit their VAT return online via software compatible with the Government’s major Making Tax Digital programme.https://www.taxassist.co.uk/resources/show-news/id/700000117Fri, 05 Apr 2019 12:53:17 GMTHM Revenue and Customs has extended the payment deadline for taxpayers affected by an error in its online system that told taxpayers that no payment was owed.https://www.taxassist.co.uk/resources/show-news/id/700000116Fri, 29 Mar 2019 09:54:13 GMTHMRC has warned that 94% of small businesses across the UK have yet to sign up for Making Tax Digital for VAT ahead of its 1st April launch date.https://www.taxassist.co.uk/resources/show-news/id/700000115Wed, 27 Mar 2019 11:44:14 GMTHM Revenue and Customs has warned of a 360% increase in the number of landline phone scams from fraudsters purporting to represent the UK’s tax authority.https://www.taxassist.co.uk/resources/show-news/id/700000114Thu, 14 Mar 2019 11:59:38 GMTOn 13th March, Chancellor Philip Hammond will reveal the contents of his Spring Statement 2019, providing an update on the UK’s economic health.https://www.taxassist.co.uk/resources/show-news/id/700000110Tue, 12 Mar 2019 11:29:40 GMTPhilip Hammond reinforced the UK Government’s commitment to delivering more apprenticeships across the country as part of his Spring Statement 2019 speech.https://www.taxassist.co.uk/resources/show-news/id/700000111Wed, 13 Mar 2019 14:25:21 GMTIn his Spring Statement 2019 speech, the Chancellor reinforced that the mandatory digital record keeping for businesses with annual revenues above the VAT threshold (£85,000) will come into force from 1st April 2019.https://www.taxassist.co.uk/resources/show-news/id/700000112Wed, 13 Mar 2019 15:40:47 GMTThe Chancellor focused on the Government’s determination to support the housing market in his Spring Statement 2019 speech, making a commitment to unlocking productivity growth and making housing more affordable.https://www.taxassist.co.uk/resources/show-news/id/700000113Wed, 13 Mar 2019 16:05:52 GMTA new report reveals the impending digitisation of the UK’s tax system will deliver improved revenues for the UK’s army of small businesses, resulting in net gains in turnover and growth for the national economy.https://www.taxassist.co.uk/resources/show-news/id/700000109Thu, 07 Mar 2019 14:43:18 GMTFresh data from the ONS revealed that the number of self-employed people in the UK rose by 63,000 to 4.84 million in the last quarter of 2018.https://www.taxassist.co.uk/resources/show-news/id/700000108Thu, 28 Feb 2019 10:40:55 GMTIf you are among the 746,000 taxpayers who missed the 31st January deadline for filing self-assessment tax returns, you may see increased fines because of a delay in sending out penalty notices.https://www.taxassist.co.uk/resources/show-news/id/700000107Mon, 25 Feb 2019 16:45:13 GMTThere was a 51% rise in the number of landlords found to have underpaid or undeclared tax on letting income in 2018.https://www.taxassist.co.uk/resources/show-news/id/700000106Thu, 14 Feb 2019 11:18:07 GMTInvestigations into small and medium-sized enterprises (SMEs) deemed to have underpaid VAT filled the Treasury’s coffers with an additional £3.75 billion, according to new data from HM Revenue and Customs.https://www.taxassist.co.uk/resources/show-news/id/700000105Thu, 07 Feb 2019 12:02:26 GMTAlthough 93% of UK taxpayers submitted their 2017-18 self-assessment tax returns ahead of 31st January, 731,186 taxpayers missed the deadline, earning instant £100 late filing penalties.https://www.taxassist.co.uk/resources/show-news/id/700000104Mon, 04 Feb 2019 14:03:22 GMTThe date for the 2019 Spring Statement has been confirmed by Chancellor of the Exchequer, Philip Hammond, with the scaled-down fiscal announcement scheduled for Wednesday, 13th March.https://www.taxassist.co.uk/resources/show-news/id/700000103Wed, 30 Jan 2019 10:04:43 GMTWith just a week until the deadline for 2017-18 self-assessment tax returns, HMRC has warned that more than 3.5 million people are leaving their returns until the last minute.https://www.taxassist.co.uk/resources/show-news/id/700000102Thu, 24 Jan 2019 09:29:30 GMTWith time running out to complete self-assessment tax returns online for the 2017-18 financial year before the 31st January deadline, HMRC has published some of the most outlandish excuses from taxpayers for missing the deadline.https://www.taxassist.co.uk/resources/show-news/id/700000101Tue, 22 Jan 2019 11:38:25 GMTHMRC has issued a warning to the UK’s small business community regarding a string of fake websites that are targeting 240,000 unknowing small firms across the country.https://www.taxassist.co.uk/resources/show-news/id/700000100Fri, 18 Jan 2019 15:25:42 GMTHMRC has announced its pilot programme for Making Tax Digital for VAT is now available to all UK businesses that meet the eligibility requirements, less than three months before the 1st April deadline.https://www.taxassist.co.uk/resources/show-news/id/700000099Wed, 16 Jan 2019 16:27:46 GMTUK taxpayers yet to submit their self-assessment tax returns for the 2017/18 financial year are being warned about a telephone scam purporting to be from HM Revenue and Customs.https://www.taxassist.co.uk/resources/show-news/id/700000098Mon, 14 Jan 2019 11:23:09 GMTThe self-employed are at risk of underpaying their tax because of a technical glitch in the Government’s systems, warns TaxAssist Accountants.https://www.taxassist.co.uk/resources/show-news/id/700000097Fri, 11 Jan 2019 15:55:33 GMTHMRC has warned there is less than a month to go to complete and submit online self-assessment tax returns for the 2017/18 financial year.https://www.taxassist.co.uk/resources/show-news/id/700000096Thu, 10 Jan 2019 16:02:27 GMTMore than 10,000 self-assessment tax returns were submitted online during Christmas Day and Boxing Day, according to new figures released by HM Revenue and Customs.https://www.taxassist.co.uk/resources/show-news/id/700000095Thu, 03 Jan 2019 09:25:55 GMTTaxpayers reminded it's no longer possible to pay for their outstanding tax via personal credit cardshttps://www.taxassist.co.uk/resources/show-news/id/700000094Wed, 19 Dec 2018 10:33:34 GMTThe Scottish Budget 2019-20 will be published on Wednesday, 12th December, by Scotland’s Finance Secretary, Derek Mackay, outlining the Scottish Government’s tax and spending priorities for the upcoming financial year.https://www.taxassist.co.uk/resources/show-news/id/700000093Tue, 11 Dec 2018 09:10:45 GMTHMRC must do more to spread the word about the upcoming roll-out of Making Tax Digital for VAT-qualifying taxpayers, says the FSBhttps://www.taxassist.co.uk/resources/show-news/id/700000092Thu, 06 Dec 2018 15:39:24 GMTNearly 90% of small business owners seek external tax advice at some point, according to a new report.https://www.taxassist.co.uk/resources/show-news/id/700000091Tue, 04 Dec 2018 11:10:41 GMTIn its ‘Taxing Times’ report, the FSB has revealed small businesses spend 15 working days a year on average maintaining their tax compliance.https://www.taxassist.co.uk/resources/show-news/id/700000089Wed, 28 Nov 2018 12:05:36 GMTTaxAssist Accountants are back on the air with a new series of TV adverts aimed at the busy tax season. The TV advertising campaign also raises brand awareness of the 300 shops and offices where you can meet with your local TaxAssist practice.https://www.taxassist.co.uk/resources/show-news/id/700000090Wed, 28 Nov 2018 12:48:37 GMTGrowing numbers of small firms are being targeted by fraudsters purporting to be HMRC to try and scam unsuspecting entrepreneurs out of their money.https://www.taxassist.co.uk/resources/show-news/id/700000088Thu, 22 Nov 2018 12:44:32 GMTThe fifth Small Business Saturday is just over a week away, with millions of British consumers shopping with small, local retailers on 1st December.https://www.taxassist.co.uk/resources/show-news/id/700000087Wed, 21 Nov 2018 12:02:06 GMTPhilip Hammond used his Budget 2018 speech to offer clarity to the UK’s army of small businesses regarding the upcoming implementation of Making Tax Digital for VAT returns.https://www.taxassist.co.uk/resources/show-news/id/700000086Mon, 05 Nov 2018 16:58:38 GMTLandlords will have been disappointed to hear the Chancellor’s Budget 2018 speech announce a limit on lettings relief to properties where the owner is in shared occupancy with the tenant.https://www.taxassist.co.uk/resources/show-news/id/700000083Mon, 29 Oct 2018 18:20:30 GMTChancellor Philip Hammond went to great lengths in his Budget 2018 speech to reinforce that “Britain is open for business”. Subsequently, the Chancellor announced a string of measures designed to provide a shot in the arm for the UK’s small business community.https://www.taxassist.co.uk/resources/show-news/id/700000084Mon, 29 Oct 2018 18:56:16 GMTPhilip Hammond has confirmed that the existing £85,000 VAT threshold will remain in place for a further two years until April 2022.https://www.taxassist.co.uk/resources/show-news/id/700000085Mon, 29 Oct 2018 19:12:36 GMTThe head of software development collaboration at HM Revenue and Customs has spoken of the tax authority’s number-one priorities, including Making Tax Digital.https://www.taxassist.co.uk/resources/show-news/id/700000082Thu, 25 Oct 2018 11:51:13 GMTWe’re less than a week away from the Chancellor of the Exchequer, Philip Hammond giving his Autumn Budget 2018 speech, outlining the Government’s plans for tax and spending during the 2019-20 financial year.https://www.taxassist.co.uk/resources/show-news/id/700000081Tue, 23 Oct 2018 15:57:24 GMT