by Darren Fagan | Jan 3, 2023 | Tax News
The VAT penalty regime for late returns and late payments has always been tied together which meant the surcharge amounts would rise significantly and very quickly. From 1st January 2023 – HMRC have changed the penalty regime to separate the 2 events completely.... 
by Darren Fagan | Apr 22, 2022 | Business, Tax News
Please find below the updated Thresholds and Rates for 2022/23 these come into effect from 6th April 2022 and will update in July 2022 Tax thresholds, rates and codes The amount of Income Tax you deduct from your employees depends on their tax code and how much of... 
by Darren Fagan | Nov 27, 2019 | Business, Tax News
Question: My client ran his decorating business for three years as a sole trader and is now going to incorporate. As a sole trader his turnover never quite reached the registration threshold but he will VAT register when he incorporates as a lot of his customers are... 
by Darren Fagan | Mar 20, 2019 | Tax News
Please find below the updated Thresholds and Rates for 2019/20 these come into effect from 6th April 2019Tax thresholds, rates and codesThe amount of Income Tax you deduct from your employees depends on their tax code and how much of their taxable income is above... 
by Darren Fagan | Oct 19, 2018 | Tax News
The government has increased the loan repayment thresholds for student loans by 2.9% and confirmed the introduction of a postgraduate loan system deductible from PAYE effective April 2019 The increase in Student Loan Plan 1 and Plan 2 thresholds will take effect from... by Darren Fagan | Apr 20, 2018 | Tax News
HMRC has updated its Let Property Campaign Service, which allows landlords to disclose and settle any unpaid tax bills, to include information on how to make a disclosure on behalf of someone who has passed away HMRC’s Let Property Campaign is aimed at landlords who...