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.