HMRC Archives - Page 4 of 21 - Whitefield Tax - Isle of Wight Accountants

Making Tax Digital for Income Tax starts April 2023

by Jessica Garbett | Jul 23, 2020 | business taxation, HMRC, property taxation

It was announced this last week that Making Tax Digital for Income Tax will start from April 2023. This will apply to Sole Traders, Partnerships and Landlords with turnover (or rental income) over £10,000, who will need to: Submit returns of income and expenses...

HMRC Charter – have your say

by Jessica Garbett | Apr 6, 2020 | ACCA, HMRC

Opportunity to comment on HMRC’s revised draft Charter. The HMRC Charter is fundamental to expectations of how HMRC ought to behave in its engagement with taxpayers and their advisers. The Charter was last reviewed in 2015 and, in line with HMRC’s legal commitment to...

Changes to protect tax in insolvency

by Jessica Garbett | Apr 2, 2020 | ACCA, budget, HMRC

HMRC moves up creditor hierarchy. Despite concerns raised from many businesses, legislation will be introduced in Finance Bill 2020 to amend the relevant section of the Insolvency Act, Bankruptcy (Scotland) Act 2016 and the Insolvency (Northern Ireland) Order to move...

Self assessment and tax returns from directors

by Jessica Garbett | Jan 6, 2020 | ACCA, HMRC, personal taxatation

Not all directors now have an obligation to file a tax return. HMRC has made changes to its guidance on the requirement to file tax returns by directors. The guidance removed the previous statements suggesting all directors have an obligation to file tax returns. The...

Understanding Registration Obligations with HMRC and Companies House

by Jessica Garbett | Aug 9, 2019 | business issues, business taxation, HMRC, personal taxatation

Knowing what taxes to register for, and when, can be confusing – not in the least as most taxes need separate registration. Here’s a handy guide: Business Taxes on Profit Sole Traders – register with HMRC for Self Assessment. No later than 5...

Former Isle Of Wight Hotelier Jailed For VAT Fraud

by Jessica Garbett | Jun 12, 2019 | enquiries and tax disputes, HMRC, isle of wight

An article being carried today in local media, presumably on the back of an HMRC press release which we cannot track down at source. Island Echo: ISLE OF WIGHT HOTELIER JAILED FOR £350,000 VAT FRAUD Isle of Wight Radio: Isle Of Wight Hotelier Jailed For Fraud...

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Making Tax Digital for Income Tax starts April 2023

HMRC Charter – have your say

Changes to protect tax in insolvency

Self assessment and tax returns from directors

Understanding Registration Obligations with HMRC and Companies House

Former Isle Of Wight Hotelier Jailed For VAT Fraud

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