Insider

HMRC has confirmed it will raise interest rates on late tax bills by 0.25 percentage points after the Bank of England increased the base rate of interest to 1%

Over one million individuals use extra time to file tax returns, economic forecasts dampen for 2022 and House of Lords raises concerns over IR35

Two million people missed the Self Assessment tax deadline, creative businesses will benefit from a new £50 million pot and HMRC eyes reform of stamp taxes and multiple dwellings.

HMRC waives penalties for late Self Assessment again, Omicron- hit employers can reclaim money from the Treasury to cover SSP paid to employees and eligible businesses in England have until the end of this month
to apply for the new Omicron hospitality and leisure grants.

Six month extension for Covid-19 recovery loan scheme, cladding tax to affect large property developers in 2022/23 and the tax reporting deadline for additional property sales extends.

Curtain comes down on stamp duty land tax holiday, the government launches a new trust registration service and the rise of electric vehicles could create a £30bn tax hole

The deadline approaches for the fifth and final self employed grant, one in five UK employers consider making redundancies and capital gains tax receipts climb 3% to record-high.

Sweeping VAT reforms in the EU will affect the UK’s online retailers, families hit with big bills after believing gifts would not be taxed and OTS considers bringing the end of the tax year forward.

The deadline approaches for SME Brexit support grant, employers are reminded to issue childcare vouchers and HMRC seeks to remove VAT repayment supplement.