Tax Return Adviser Ltd
Latest News
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VAT increase for some businesses
At the start of the pandemic, the government cut the flat rate scheme percentages for businesses in the hospitality industry. As of 1 October 2021, these rates have increased. Who is affected, and why isn’t it the end of the story just yet?
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Payment for overtime hours: what's the law?
According to data from salary survey company Cendex, more than half of UK employees are now working additional unpaid hours every day. Where staff work more than their contracted hours, do employers have to pay them for the extra hours?
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SDLT holiday is over
A number of coronavirus support schemes came to an end in September, including the SDLT holiday. What does this mean for transactions which have not yet completed?
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Government delays MTD for income tax and basis period reform
Following vocal representation from various professional bodies, the government has agreed to delay crucial reforms to the tax system. What’s the full story?
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Special reductions and late filing penalties
The First-tier Tribunal (FTT) has considered whether a taxpayer had a reasonable excuse for filing his tax returns late. While the issue was not unusual, the FTT’s ruling was. How might its decision help reduce a late filing penalty?
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Easily avoid a life insurance tax trap
Life insurance policies generally pay out a premium in the event of the policyholder’s death. However, recently published figures from HMRC suggest that many of them are falling into an easily-avoided tax trap. What’s going on?