Scottish student loan borrowers may be making repayments under ‘Plan 4’ from the 2021/22 tax year onwards. This article explains who falls under Plan 4 and how the loan repayments are calculated. It also covers what student loan information you need to put on your tax return and where you can find f...
From 1 May 2022, HMRC will charge you daily penalties of £10 if you have not yet submitted your 2020/21 Self Assessment tax return (assuming the return was not issued late). Unless HMRC agree to cancel the need for a tax return, you should send it in as soon as possible – online, rather than on pape...
On 18 March 2022, the government launched the ‘Homes for Ukraine’ scheme. Under the scheme, those who accommodate refugees of the conflict in Ukraine are given a monthly ‘thank you’ payment of £350. We explore what this means for taxpayers and benefit claimants. ...
The Office of Tax Simplification is undertaking a review into the taxation of property income and is asking for taxpayers to provide direct input. The deadline to provide comments is 5 June 2022. ...
Do you live in Scotland? Or have an interest in how the Scottish Government and Scottish taxes work? Then the Scottish Government’s new, short video may be for you. Find out below how to watch it. ...
Since 4 April 2022, if you are renewing a taxi, private hire or scrap metal licence in England and Wales then you need to complete a ‘tax check’ before you can renew the licence. The rules will be extended to Scotland and Northern Ireland from April 2023. ...