Filing a CGT Property Return

The government introduced the requirement for individuals to report disposals of UK residential property and pay any capital gains tax (CGT) due within 60 days of completion on 6 April 2020. HMRC has clarified a CGT property return must be filed even if the disposal...

Car or Van questions

When completing the annual expenses and benefits return (P11D) you need to know what company-provided vehicles each employee and director used in the tax year. A problem can arise when deciding whether small commercial vehicles should be treated as vans or as cars....

Beware of Tax Scams

Scammers are very aware of the tax payment deadlines and will step-up their efforts to divert payments from taxpayers to their own bank accounts. When you complete your tax return by logging into your personal tax account (see below) you can now choose to scan a QR...

Preparing for MTD for income tax

The making tax digital (MTD) rules currently only apply for businesses that submit VAT returns. Those traders need to keep their VAT records in a digital format and transmit their VAT return data directly from their digital records to HMRC using MTD-compatible...