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Taxpayers must be careful how they report CGT this year

Taxpayers must be careful how they report CGT this year

Taxpayers with capital gains liabilities that they need to declare in their self-assessment tax return need to take extra care this year to avoid receiving a penalty from HMRC. Changes made to the Capital Gains Tax (CGT) rates part-way through the 2024/25 tax year...
Missed the January filing deadline? Here’s what to expect

Missed the January filing deadline? Here’s what to expect

Thousands of people once again took the chance to use some quiet time over the festive period to file their self-assessment tax returns, with 4,606 people even filing their return on Christmas Day. In total, 37,435 people completed their return over the three days of...
Christmas gifts from the taxman for your business

Christmas gifts from the taxman for your business

Christmas party season is upon us, and it will extend from early December right the way through to mid-January depending on your company. But no matter when the Christmas party is, it is important to remember that HMRC gives your company a gift each tax year to help...