NATIONAL INSURANCE - 29.11.2023
HMRC invites claims for NI refunds
HMRC concedes defeat. Following its defeat at the Upper Tribunal (UT) ( yr.23, iss.21, pg.5 , see The next step ), HMRC has issued a statement which seems to lay to rest its long-running dispute with employers who pay their employees’ car allowances . The statement accepts the UT’s ruling that the allowances can be disregarded as earnings when calculating NI contributions. ...
NATIONAL INSURANCE - 27.06.2023
HMRC changes NI top-up deadline again
Moving target. Some years ago the government set the deadline of 5 April 2023 for individuals to pay voluntary NI contributions to fill gaps in their NI records which could improve their state pension. After pressure the government agreed to extend the deadline until 31 July 2023. It’s now pushed back the deadline further to 5 April 2025. This is to allow more people to check their NI records and find the money to pay the extra contributions. ...
SELF-ASSESSMENT - 12.06.2023
Tax return requirement rises to £150k
To limit the number of self-assessment (SA) returns HMRC has to process it’s changed the criteria for when one is required. If HMRC removes you from SA as a result, should you go along with it?
VAT - 26.05.2023
VAT registration helpline closed for business
Helpline closed. HMRC’s VAT registration helpline was closed on 22 May 2023. It seems the main reason is that around 85% of the calls taken were no more than enquiries from businesses or their advisors asking about progress on their application to register. As HMRC can’t or won’t provide a meaningful answer to this question it has decided the helpline is a poor use of its resources. Delays to blame?...
HMRC - 26.05.2023
Tax conditional licensing extended
The “tax check” rules for licensing of certain business activities in England and Wales will be extended to Scotland and Northern Ireland later in 2023. What might this mean for your business?
HMRC - 15.05.2023
HMRC expands help texts service
After a short trial HMRC has expanded its text service that directs taxpayers online to find answers to questions. Sounds good, but is it all it’s cracked up to be?