S R Lynn & Co·Blog

Unexpected repayment return: do you need to do anything?

Your business always pays VAT on its returns. The current period shows a repayment is due from HMRC. What checks should you do before submitting the return and how will HMRC deal with this unusual claim?

Articles

Self-assessment Payment Deadline

28th February 2023 by Joanne Stoneman

HMRC will automatically add a penalty to your tax bill equal to 5% of the self-assessment tax you owe for 2021/22 which is unpaid after midnight on 2 March 2023.

Who pays the HICBC?

27th February 2023 by Joanne Stoneman

If a family receives child benefit and the person it’s paid to or their partner has adjusted net income (ANI) of more than £50,000 for the tax year, the one with the highest income must pay the high income child benefit charge (HICBC).

Student Loans Thresholds, Rates and Loan Start Notices

16th February 2023 by Joanne Stoneman

Showing Articles 106 - 108 of 160 Articles