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 checking that individuals who claimed the fourth and/or fifth SEISS grants were eligible to do so. The aim of the le...
Are you one of the many self-employed people intending to complete your online Self Assessment tax return over the festive period? If you are worried about doing this, then read on to find out about the helpful guidance available on our website. Many sole-traders and partners will be completing t...
Some workers, especially those delivering goods or takeaways in the gig economy, may be struggling to earn enough money. If options for other work are limited, benefits can be a lifeline. But what if you are behind on your taxes? Does this mean you can’t claim benefits? ...
If you are VAT registered, you should now be within Making Tax Digital (MTD). This means you should be filing VAT returns through MTD compliant software since it became mandatory for you to do so from April 2022 at the latest. If you have not managed to get to grips with the MTD requirements yet,...
For some time, LITRG have been raising concerns about certain tax refund companies with HMRC, around deeds or letters of assignment. Earlier this year we were contacted by several taxpayers who claimed refunds through one company – Tax Credits Limited (TCL). These taxpayers seemed unaware that a dee...
It is not surprising if you are - there are a lot! If you are new to the UK or are new to working, here is a quick guide to the five main reference numbers you may come across, so that you can understand what they mean. ...