High Income Child Benefit Charge penalty cases will be reviewed and refunds issued if it is found that the customer had a reasonable excuse for not meeting their tax obligation, HM Revenue & Customs (HMRC) has announced.
About Gwyn Williams
In Business: Helping clients to protect and grow their business and personal wealth In Life: Cycling and chilling with my family
Entries by Gwyn Williams
The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget.
Have you thought about the January tax return deadline? For the majority of self-employed workers who choose to file their annual return online, January still seems like a long time away.
With Making Tax Digital (MTD) for VAT due to be rolled out in less than six months’ time, Lords have warned that there is “overwhelming evidence” indicating that businesses are still “under-prepared.”
With just a couple of weeks to go before Halloween, the Institute of Chartered Accountants in England and Wales (ICAEW) has urged taxpayers to avoid any unwanted frights this holiday season.
HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul.
In recent weeks, estate agents, surveyors, researchers and more have all called on the Government for reforms to Stamp Duty Land Tax (SDLT), amid concerns that the levy is increasingly having a negative impact on the market.
New figures published in the press this week reveal that HM Revenue & Customs (HMRC) is increasingly cracking down on perceived Inheritance Tax (IHT) avoidance by targeting estates it believes have undervalued residential properties.
HM Revenue and Customs (HMRC) collected £5.47 billion in extra tax in 2018 through fraud investigations – approximately seven per cent more than the amount collected the previous year (£300 million).
The Government announced that new laws are being put forward to Parliament to support small businesses, against unfair contracts that stop them raising money from unpaid invoices.
Registered to carry on audit work by the Institute of Chartered Accountants in England and Wales
Details about our audit registration can be viewed at www.auditregister.org.uk and www.cro.ie/auditors under reference number C001237469
Registered to carry out work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.
Clay Shaw Thomas is a trading name of Clay Shaw Thomas Limited.