Business News
Millionaires call for wealth taxes
- 21st January 2022
- Posted by: Suzy Hill
- Category: Personal Tax, Business News
No Comments
21st January 2022 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Millionaires call for wealth taxes Over 100 millionaires have called on governments worldwide to introduce permanent wealth taxes to reduce global inequality and raise revenue for countries to recover from the pandemic The group of millionaires and billionaires from nine countriesHMRC to increase use of debt collection companies
- 19th January 2022
- Posted by: Suzy Hill
- Category: Personal Tax, HMRC News, Business News
19th January 2022 Posted by: Suzy Hill Category: Personal Tax, HMRC News, Business News No Comments HMRC to increase use of debt collection companies The head of HMRC has told MPs that there are plans to increase its work with private sector debt collectors to tackle the UK’s current tax debt and improve its servicesTax loophole on second homes closed
- 17th January 2022
- Posted by: Suzy Hill
- Category: Personal Tax, Business News
17th January 2022 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Tax loophole on second homes closed Owners of second homes who report them as holiday lets will now have to prove it in order to not pay council tax and access business rates relief From April 2023, owners of second homesChanges to VAT penalty regime delayed until 2023
- 14th January 2022
- Posted by: Suzy Hill
- Category: Business News, VAT
14th January 2022 Posted by: Suzy Hill Category: Business News, VAT No Comments Changes to VAT penalty regime delayed until 2023 The government has announced plans to delay the introduction of penalties for late submission of VAT returns The new penalty system was due to come into effect from 1 April 2022 but this hasCovid-19 support grants must be included on company tax returns
- 12th January 2022
- Posted by: Suzy Hill
- Category: Business News
12th January 2022 Posted by: Suzy Hill Category: Business News No Comments Covid-19 support grants must be included on company tax returns HMRC is urging tax agents and accountants to remind their clients that Covid-19 support grants or payments are taxable and should be declared on their company tax returns The deadline for taxpayers orProbate fee increases to take effect in three weeks
- 10th January 2022
- Posted by: Suzy Hill
- Category: Personal Tax, Business News
10th January 2022 Posted by: Suzy Hill Category: Personal Tax, Business News No Comments Probate fee increases to take effect in three weeks Probate application fees in England and Wales will increase to £273 for both professional and personal applications, under an amendment to the Non-Contentious Probate Fees Order 2004 From 26 January 2022, the
