This article is an update on our original one published in 2020  (https://mooreaccountancy.co.uk/new-vat-filing-penalty-regime-from-january-2023/ )    The new penalties will impact [...]

HMRC will charge interest on tax paid late. They may also levy a penalty where there is an error in [...]

On 15 March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce [...]

The new Chancellor Jeremy Hunt had warned the public and the financial markets that his Autumn Statement would include “eye-watering” [...]

On 23 September 2022, Kwasi Kwarteng, the new delivered a Tax Cutting “Fiscal Event” or Mini-Budget to help boost economic [...]

Clients often ask how long they should keep records for as these vary across the taxes and type of entities, [...]

For VAT periods starting on or after 01/01/23, the default surcharge will be replaced by new penalties. This will affect [...]

HMRC are in the process of making MTD (Making Tax Digital)  mandatory for all VAT registered clients from 01/04/2022. If [...]

A Trivial Benefit continues to be very popular and is frequently given by employers to directors and employees. These have [...]

HMRC have announced an extension to the January 31st filing deadline for personal tax returns. This will be a welcome [...]