HMRC Archives - Page 12 of 21 - Whitefield Tax - Isle of Wight Accountants

HMRC’s position on voluntary tax returns

by Jessica Garbett | Aug 9, 2016 | ACCA, HMRC, personal taxatation

HMRC has clarified its position on voluntary tax returns. ‘HMRC’s long-standing policy is to accept voluntary ITSA individual and partnership returns on the same basis as returns received pursuant to a s8 TMA1970 notice, where the clear intention of the person...

HMRC’s improved security verification procedure

by Jessica Garbett | Aug 9, 2016 | ACCA, HMRC

Online security being beefed up by HMRC. In March, HMRC introduced 2 Step Verification (2SV) which involves using a code sent to a mobile or landline phone along with the usual login details in a trial for business customers registered for self-assessment. HMRC has...

Your view: tax coding notice

by Jessica Garbett | Jun 2, 2016 | ACCA, HMRC, personal taxatation

HMRC is seeking your comments on an early draft of Tax Coding Notice (P2). After digesting the information below and also elsewhere online, do you feel it provides sufficient detail for you or your clients to be useful? HMRC says ‘The HMRC Personal Tax Account...

Budget 2016: Micro entrepreneurs’ annual allowance

by Jessica Garbett | May 31, 2016 | ACCA, budget, business taxation, HMRC, personal taxatation

The March 2016 Budget announced that from April 2017 two new allowances of £1,000 each would be introduced for property and trading income. Individuals with property income or trading income below the level of the allowance will no longer need to declare or pay tax on...

Company distributions

by Jessica Garbett | May 17, 2016 | ACCA, business taxation, dividends, HMRC, personal taxatation

Consultation highlights concerns over changes to taxation of dividend income and share disposals. HMRC’s ‘company distributions’ consultation highlighted the concern that the changes to taxation of dividend income and share disposals would drive some to look to...

Two step verification for Self Assessment

by Jessica Garbett | Mar 24, 2016 | HMRC, personal taxatation

This in from HMRC today, in their own words: From 29th March 2016, HMRC will start to offer more Self Assessment customers “2 Step Verification” when logging into their Tax Account. This means customers will, if they wish, be able to link their mobile phone with their...

« Older Entries

Next Entries »

HMRC’s position on voluntary tax returns

HMRC’s improved security verification procedure

Your view: tax coding notice

Budget 2016: Micro entrepreneurs’ annual allowance

Company distributions

Two step verification for Self Assessment

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax