REMINDER – PLEASE SEND US HMRC CORRESPONDENCE
Date posted: 19th Feb 2025
We have noted on certain occasions HMRC have not replied to our correspondence, instead replying to the taxpayer as if they had written the letter, we have sent…
Date posted: 19th Feb 2025
We have noted on certain occasions HMRC have not replied to our correspondence, instead replying to the taxpayer as if they had written the letter, we have sent…
Date posted: 17th Feb 2025
When starting a business, there are various decisions to make and tasks to perform.
One of the first questions to address is whether to run the business as a sole trader, whether to set up a partnership with others or whether to form a company.
Date posted: 17th Feb 2025
It is understood that HMRC are recruiting 5,000 more tax officials over the next five years to help reduce the “tax gap.
Date posted: 17th Feb 2025
The end of the tax year is approaching and there are planned changes to capital gains tax rates from 6 April 2025
Date posted: 17th Feb 2025
A lot of businesses will pay high performing employees a year-end bonus before the end of the tax year.
Date posted: 13th Feb 2025
We understand that an estimated 1.1 million taxpayers did not file their 2023/24 tax returns by the due date of 31 January 2025.
Date posted: 20th Jan 2025
As we have reported previously (https://www.cliveowen.com/2024/11/double-cab-pick-up-taxtreatment/) different tax rules will apply to double cab pick-ups from April 2025.
Date posted: 20th Jan 2025
As we have explained in previous updates, the opportunity to consider increasing your state pension entitlement by voluntarily contributing towards “gaps” in your national insurance record between April 2006 and April 2016 will end on 5 April 2025.
Date posted: 20th Jan 2025
The VAT flat rate scheme is a simplified flat rate scheme which can be used by smaller businesses to save time and effort.
Date posted: 20th Jan 2025
As the cost-of-living crisis continues to bite, you may find that come 31 January 2025 you are struggling to pay your Self Assessment tax bill.
