From 1 January 2024 online platforms such as websites, online marketplaces and apps that allow individuals and businesses to sell items and services are required to collect and report seller information and income to HMRC.
HMRC has issued guidance on various changes to the existing construction industry scheme (CIS) rules.
If you made voluntary Class 2 national insurance contributions (NIC) for the 2022-23 tax year, check whether this payment has been refunded in error by HMRC.
HMRC has updated its guidance to clarify the tax position of reimbursed travel costs for hybrid workers.
The clawback threshold for the high-income child benefit charge (HICBC) was increased to £60,000 from 6 April 2024.
A new merged research and development (R&D) scheme has come into effect for periods beginning on or after 1 April 2024.
From 6 April 2024 all unincorporated businesses (sole traders and partners in a partnership) are required to report profits or losses in line with the tax year.
From 6 April 2024 the cash basis has replaced accruals as the default method for preparing sole trader and partnership accounts for tax purposes.