Thousands of people who put money into their pension each year are inadvertently failing to declare pension tax charges, according to HM Revenue & Customs (HMRC). This can lead to an unexpected and costly tax bill. Most taxpayers can save … Continue reading
Author Archives: Howard Roth
The fifth round of the Self-Employment Income Support Scheme (SEISS) is now open
HM Revenue & Customs (HMRC) has announced that the portal for the fifth round of the Self-Employment Income Support Scheme (SEISS) is now open. In recent weeks, the tax authority has been directly contacting taxpayers that it believes are eligible … Continue reading
Freedom Day – What does it mean for businesses?
On 19 July the majority of the remaining Coronavirus pandemic restrictions will end in England, with a similar reduction of measures in Wales and Scotland. Commonly being referred to as Freedom Day, this final step in reopening the economy will … Continue reading
Guidance for the fifth round of the Self-Employment Income Support Scheme (SEISS) published
HM Revenue & Customs (HMRC) has published detailed guidance for the fifth round of the Self-Employment Income Support Scheme (SEISS), which will open for claims in the coming weeks. Instead of announcing a specific date on which the new round … Continue reading
A helping hand with the cost of children’s summer activities
Parents faced with the financial headache of childcare over the long school summer holidays are reminded they can get support from the Government. HM Revenue & Customs (HMRC) is reminding working families that they can use Tax-Free Childcare to help … Continue reading