by MAS | Aug 29, 2024 | Business advice, CIS, Financial news, HMRC, PAYE, Tax
1 September New Advisory Fuel Rates (AFR) for company car users apply from today. 19 September PAYE, Student loan and CIS deductions are due for the month to 5 September 2024. 30 September End of CT61 quarterly period.
by MAS | Aug 28, 2024 | Business advice, Financial news, HMRC, Self employed, Tax
HMRC is contacting individuals who may need to pay tax on income from breeding animals. When should you declare such income, and what should you do if you receive a letter? If you make money from breeding animals, e.g. dogs where you sell the puppies, you should check...
by MAS | Aug 19, 2024 | Corporation Tax, Financial news, HMRC, Self Assessment, Tax
Late payment interest rates on underpaid taxes will soon decrease due to the recent reduction in the Bank of England’s base rate. What are the new rates? As HMRC’s late payment and repayment interest rates are linked to the base rate, they will also come down. This...
