Insights
Daily penalties come in for late self assessment returns
Taxpayers who failed to submit their self-assessment tax return for 2022/23 on 31 January 2024 now face a £10 daily penalty charge by HMRC.
Taxpayers who failed to submit their self-assessment tax return for 2022/23 on 31 January 2024 now face a £10 daily penalty charge by HMRC.
HMRC has recently published guidance to provide greater clarity about the tax deductibility of training costs for the self-employed.
From 6 April 2024, the vast majority of landlords who sell up are facing a higher CGT bill when compared to two years ago.