The government receives its tax money on different dates depending upon the type of taxcharged. Taxpayers taxed under PAYE usually pay their tax bills monthly;
Where a chargeable gain arises in respect of a UK residential property, since April 2020, thegain must be reported to HMRC and a payment made
The Adjudicators Office (AO) is a little known but powerful government department independent of HMRC. Its remit is to rule on whether HMRC have handled
Dividends have their own tax rules and their own rates of tax. The rules and the rates apply in the same way regardless of whether
Last year, the Covid-19 pandemic and national lockdown took Christmas parties (other than virtual ones) off the agenda. This year, they may be a temptation
Under real time information (RTI), employers are required to report pay and deductions information to HMRC ‘at or before’ the time that the payment is
No one likes the idea of the taxman taking a chunk of their estate when they die, particularly if it will be necessary to sell
For personal and family companies, a tax efficient strategy for extracting profits is to take a small salary and to extract any further funds needed
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