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HMRC sending letters to self-assessment payers about CGT

HMRC sending letters to self-assessment payers about CGT

Self-assessment taxpayers who have submitted their 2024/25 tax return are now being sent letters by HMRC as they may not have applied the correct rate of Capital Gains Tax (CGT) on disposals after October 30, 2024. The main rates of CGT on the disposal of assets,...
Are you using the best scheme for your VAT?

Are you using the best scheme for your VAT?

Value Added Tax (VAT) is something sole traders and companies must charge once their turnover exceeds £90,000 in a rolling 12-month period, or if they will exceed this amount within a three-month period. At this point, you are obliged to register for VAT with HMRC....