Hallidays monthly newswire is designed to keep you informed of the latest news on business and tax issues.
As we breathe a sigh of relief, HMRC have published the latest excuses for not filing a return on time and have stopped 90% of scam emails reaching our in boxes. And keep a look out for news of the Chancellor’s Spring Statement due on 13th March.
HMRC rejected Self Assessment expenses and excuses
HMRC have released the latest list of imaginative excuses made by individuals who failed to submit their self assessment return by 31 January deadline in 2017.
Tax-free childcare roll out
The implementation of Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, is being rolled out to eligible parents in stages.
HMRC halts thousands of scam text messages
HMRC have announced that they have stopped thousands of taxpayers from receiving scam text messages ‘with 90 percent of the most convincing texts now halted before they reach their phones’.
Updated list of professional subscriptions
Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisations.
What will the Spring Statement bring?
We had two Budgets in 2017 and the Spring Statement is planned for Tuesday 13 March.
Scotland revise income tax bands
Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19.