HMRC are issuing discovery assessments to people who they believe should have submitted a 2018/19 tax return containing the loan charge and who either did not include it, or did not include it fully. Here we answer some of the questions you may have if you have recently received such a ...
The Self-employment Income Support Scheme (SEISS) grants were available to help support eligible sole-traders and partners in partnerships during the Coronavirus pandemic.HMRC are contacting some SEISS claimants by letter to check that they were eligible to claim some or all of the five grants. ...
With the rising cost of living, some retirees might consider that full retirement is no longer affordable and decide to return to work to supplement their income. In this article, we highlight some of the tax issues that you might need to bear in mind if you had previously stopped working but are ...
The volume of HMRC publications about umbrella companies point to severe problems within the sector. Although there are problems with certain companies, there are also some good umbrella companies out there. By good umbrella company we mean one that is compliant with the law. Here, we help you make ...
HM Revenue & Customs (HMRC) have been sending letters to individuals who earn money from driving customers who book using online applications, such as Uber. We explain what these letters contain and what to do if you receive one.
The Low Incomes Tax Reform Group (LITRG) has written to the Financial Secretary to the Treasury (FST) suggesting improvements to the government's proposals to make ‘top-up payments’ to low-income pension savers who currently miss out on government retirement savings incentives.