HMRC have announced that changes to the VAT penalty and interest rules due to come into force from April 2022 are to be delayed to 1 January 2023.
Nichola's SME Tax W-update 13 January 2022
Hello,
We have some really exciting new guides for you this week which we trust will assist in adding value to your services.
HMRC updates guidance on reasonable excuse
HMRC have updated their guidance on what constitutes a 'reasonable' excuse as grounds for appealing a tax penalty.
Nichola's SME Tax W-update 6 January 2022
Happy New Year,
The year has kicked off with the welcome announcement by HMRC that there will be a penalty waiver for late-filing and payment of Self Assessment returns.
30-day penalty waiver for 2020-21 tax return filing & payment
To ease COVID-19 pressures HMRC have announced that they will waive penalties for late filing and payment of 2020-21 Self Assessment returns and tax liabilities as long as returns are filed by 28 February and payments made by 1 April 2022.
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