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Coronavirus grants ‘must be declared on company tax returns’

HMRC is reminding companies and their agents that any Coronavirus grants they received to support them during the pandemic are taxable. It said: “If...

HMRC issues scam warning to Self Assessment taxpayers

HMRC is warning taxpayers completing their 2020–2021 tax return to be vigilant, as criminals are targeting unsuspecting individuals filing Self Assessment returns to steal...

HMRC prompts SEISS recipients to file tax returns

HMRC is writing to recipients of Self-Employment Income Support Scheme (SEISS) grants who have not filed a self-assessment tax return for 2019/20, detailing the...

HMRC urged to fix problems with tax reporting reform

HMRC needs to address problems in their plan to change how partners and sole traders calculate their taxable profits each year, according to the...

Staycation boom leads HMRC to focus on holiday lets

Owners of UK holiday lets could face investigation by HMRC if they fail to report their earnings for tax purposes, according to UHY Hacker...

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