Deadline for self-assessment paper returns approaches
Tax payers wishing to file a paper self-assessment tax return for 2012/13 are being urged not to miss the 31 October deadline.
New advisory mileage rates now in force
HMRC has updated its advisory mileage rates that allow businesses to reimburse employees for work related travel, or when employees are required to repay the cost of fuel used for private travel, in company cars.
New June advisory mileage rates now in force
HMRC has updated its advisory mileage rates that allow businesses to reimburse employees for work related travel, or when employees are required to repay the cost of fuel used for private travel, in company cars.
Advice about tax credit scam emails
Tax credit claimants are being advised by HMRC to be aware of scam or ‘phishing’ emails being sent by fraudsters in the run up to the tax credit renewal deadline.
Late tax return fines increase in May
Individuals who are yet to submit their 2011/12 self-assessment tax return are being reminded that they will be hit by increasing penalties from next month.
PAYE shake up begins
Employers across the UK have started reporting employee PAYE information to HMRC in real time, hailed as the ‘biggest shake up’ of the PAYE system in nearly 70 years.