by Terry Phillips | Sep 4, 2023 | Tax return, accountancy, Accountants, Business Owner, director, hmrc, Income Tax, partner, Self employed, Self-Assessment, Sole trader, tax
Accountants Chester – Tax Tip No. 36 If you need to file a Self Assessment tax return for 2022/23, you have until midnight on 31 January 2024 in which to do this, as long as you file online. However, HMRC have been encouraging taxpayers to file their tax return...
by Terry Phillips | Aug 13, 2023 | accountancy, hmrc, Penalties, tax, Tax penalty, Tax return
Accountants Chester – Tax Tip No. 33 There are various reasons why HMRC may issue a tax penalty. You may receive a penalty if you file your tax return late, your tax return is inaccurate, you are late paying tax that you owe or you fail to keep accurate records....
by Terry Phillips | Jul 24, 2023 | tax, accountancy, bookkeeping, Business Owner, director, employee, Employer, Family Business, hmrc, Income Tax, Limited Company, MTD for VAT, Self employed, Self-Assessment, Sole trader, Tax return, VAT
Accountants Chester – Tax Tip No. 31 The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A new Code of Practice is to be introduced and employers will have a legal obligation to adhere to the Code. It will...
