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Late-payment interest increases, problems with P11D car benefits, a bizarre NICs calculator, a new Agent update and the First Tier Tribunal (FTT) appear to provide some DIY-builders with a new planning opportunity, all in all, just another week in tax!
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Clearly things are reaching some kind of breaking point at HMRC. It is not every day that four professional bodies write a joint letter to HMRC's Director General of Customer Services to complain about service levels, but they have done just that this week.
HMRC have published their Employer Bulletin for June 2022. We have summarised the key content for you, with links to our detailed guidance on the topics covered.
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It’s been a quiet week in terms of tax news, which is only to be expected after the Jubilee weekend. Perhaps the lull before the storm for accountants as we approach 'P11D season'.
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We have a slightly shorter newswire this week due to the bank holidays but still lots of interesting new content and updates to our guides.
The Chancellor Rishi Sunak has today announced a raft of support measures to deal with the rising costs of living including a temporary windfall tax for oil and gas companies and extra payments to low-income families.
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