HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns. However, taxpayers must submit the return as soon as possible…
Tax payments worth over £69 million are being spread through HMRC's Time to Pay facility, according to the tax authority. HMRC said that nearly 25,000 self assessment taxpayers have set…
HMRC has reminded employers that there are now monthly deadlines for claims for furloughed staff under the Coronavirus Job Retention Scheme (CJRS). Chancellor Rishi Sunak extended the CJRS until the…
The Institute of Chartered Accountants in England and Wales (ICAEW) has urged HMRC to publish draft regulations and guidance on the forthcoming changes to the Construction Industry Scheme (CIS). The…
The approach of the 31 January self assessment tax return deadline will bring a surge in scams, HMRC has warned. HMRC issues thousands of SMS messages and emails as part…
Gross lending to small and medium-sized enterprises (SMEs) in the first three quarters of 2020 reached £54 billion driven by coronavirus (COVID-19) loan schemes, according to figures from trade body…