Stockport based Hallidays have produced their February edition of the monthly newswire designed to keep you informed of the latest business and tax issues.
This month’s edition reminds us of some of the most bizarre excuses for filing a late tax return and to be aware to protect your pension pots from criminals.
Businesses urged to prepare for post-Brexit Customs Declarations
HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit.
MTD for VAT – pilot extended to all eligible businesses
HMRC has extended its Making Tax Digital for VAT pilot scheme to all eligible businesses.
HMRC’s Voice ID database
Since 2017, HMRC has captured millions of callers’ voice data on its Voice ID system.
Spring Statement date announced
The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility in the Spring Statement on Wednesday 13 March 2019.
‘Unbelievable excuses’ for late filing of tax returns
HMRC has revealed some of the most ‘bizarre excuses’ taxpayers have given for failing to file their self assessment tax return on time.
Protect your pension pots
The Insolvency Service has urged individuals saving for retirement to protect their pension pots from criminals and ‘negligent trustees’.