by admin | Mar 5, 2024 | Latest News for Business
HMRC is warning people to be wary of bogus tax refund offers following the self assessment deadline on 31 January.
The tax authority says that fraudsters could set their sights on self assessment taxpayers, with more than 11.5 million submitting a tax return by...
by admin | Mar 5, 2024 | Latest News for Business
New company car advisory fuel rates have been published and took effect from 1 March 2024.
The guidance states: ‘you can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company...
by admin | Mar 5, 2024 | Latest News for Business
The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).
The rising cost of living and an increased importance on socialising following the pandemic had...
by admin | Mar 5, 2024 | Latest News for Business
Just a week after HMRC released new guidance that classed double-cab pickups as cars rather than vans, the government reversed the decision.
On 19 February, HMRC confirmed that it’s reversing the updated guidance announced on 12 February, meaning that...
by admin | Mar 5, 2024 | Latest News for Business
Over one million self assessment taxpayers missed the filing deadline at midnight on 31 January, according to data published by HMRC.
A record 11.5 million taxpayers did file their 2022/23 self assessment tax returns by the deadline.
HMRC’s figures...