Latest News
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Taxpayer successfully argues against “deliberate behaviour” penalty
When it comes to tax penalties, there is a behaviour-based scale that means you pay more for knowingly understating your tax bill than if you make a simple mistake. Unfortunately, HMRC is often over-zealous to apply a “deliberate” tag. Why is this a problem and how did one taxpayer successfully argue against it?
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P11D filing to end
HMRC is scrapping the use of Form P11D to report benefits in kind from 2026. How will you need to account for tax and NI due after this?
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HMRC cuts helpline ahead of SA deadline
HMRC is now refusing to answer most calls about self-assessment. If you have a question preventing you completing your self-assessment return on time, what steps can you take to avoid a fine?
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HMRC reminds cryptoasset holders of tax obligations
Ahead of this month’s filing deadline for the 2022/23 tax return, HMRC is urging cryptoasset holders to check if they need to report transactions. Does this affect you?
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Online side hustlers to feel HMRC's wrath?
HMRC will soon start to receive information about the money people make on online selling platforms such as TikTok and Etsy. This has led to panic about a new “side hustle” tax. Who will be affected?
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Child benefit goes digital
Child benefit payments take up to 16 weeks to commence. Now, HMRC has launched an online claim service for new parents which it says will take ten minutes to complete, and as little as three days for payments to arrive. What will you need to use the new service?
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