Streets Chartered Accountants have kicked off January with a wealth of helpful articles diving into tax, employee matters, and more to provide readers with an informed start to the new year.
Income Tax: Using the HMRC app to make Self-Assessment tax payments
A new press release from HMRC has revealed that more than 50,000 taxpayers have used the HMRC app to make Self-Assessment tax payments since February 2022…
Income Tax: Collecting tax from wealthy taxpayers
An updated briefing which looks at how HMRC deals with wealthy individuals has been published…
Income Tax: Are you ready for 31 January 2023?
The deadline date to file your 2021-22 Self-Assessment tax return is fast approaching…
Income Tax: Digitisation of tax postponed
A statement was made by the Financial Secretary to the Treasury on 19 December 2022. It confirmed that the roll-out of Making Tax Digital for Income Tax, due to commence April 2024, is being delayed…
Capital allowances: Super-deductions finish March 2023
Time is running out to claim the super-deduction offering 130% first-year tax relief. The deduction is available to companies until March 2023…
Value Added Tax: Claiming back pre-trading VAT costs
There are special rules that determine the recoverability of pre-trading VAT costs. Pre-trading VAT costs describe VAT that was incurred before a business registered for VAT and is known as pre-registration input VAT…
Value Added Tax: New VAT penalty regime from 2023
A new VAT penalty regime will affect all VAT registered businesses from 1 January 2023…
Employee Benefits: Vehicle benefit charges from April 2023
The vehicle benefit charges for 2023-24 have been announced…
Corporate Governance & Regulation: Filing abridged company accounts
Companies that are dormant or qualify as a small company or ‘micro-entity’ can choose to send a simpler set of accounts known as abridged accounts to Companies House and do not need to be audited…
Employment & Payroll: Don’t forget those trivial benefits
Don’t forget to take advantage of tax-free trivial benefits…
General: Low-cost broadband and phone tariffs
The Department for Digital, Culture, Media & Sport (DCMS) has published a new press release to confirm that they have been working together with internet service providers to deliver low-cost broadband and phone packages called social tariffs…
General: Mortgage payment support
The Chancellor, Jeremy Hunt, recently hosted a meeting at 11 Downing Street to discuss what help may be available to support homeowners who encounter problems paying their mortgage…
General: Budget date 2023 announced
The Chancellor of the Exchequer, Jeremy Hunt has confirmed, in a written statement, that the next UK Budget will take place on Wednesday, 15 March 2023…
