HMRC has announced that there will be no penalties for late filing of the Self Assessment 2019/20 tax returns which were due to be filed on 31 January 2021. The new due date is 28 February 2021.
Self Assessment tax payments due to be paid by 31 January 2021 still stand and interest will be charged from 1 February 2021 on any outstanding liabilities. For more information on how to pay your tax liability please follow the link.
When an employee is provided with a company car, to avoid a taxable car fuel benefit, fuel must only be provided for business travel. To ensure this is the case, two methods are available, the first being preferable: Many years ago HMRC started to issue ‘Advisory Fuel Rates’, which they allow for the above calculations […]
The Chancellor, Rachel Reeves, delivered the Autumn Budget on Wednesday 26 November, the link below will give you all the information and key points. If you wish to discuss any of the contents with one of our team, please contact the office on (01623) 420269.
We use cookies to ensure you get the best experience on our website. Read more in our privacy policy.
