Inspire Financial Management
Best viewed on a device with a bigger screen...
Tel: 0191 487 7074
The page or file you requested could not be found.
Maybe you were looking for:
An interactive tool has been launched to help taxpayers calculate the overlap relief to report on their 2023/24 self-assessment tax returns.
Compulsory Class 2 NI has been abolished but that hasn't stopped HMRC sending out demands for it for the last tax year. What's happening?
You may have had to file a tax return if your income exceeded the point where the personal allowance starts to be tapered away. This has changed for 2023/24.
The Public Accounts Committee (PAC) has severely criticised HMRC's customer service, forcing it to make a public statement. What's the full story?
Missed the 31 January filing deadline last week? HMRC has announced that the penalty won't be enforced for the self-employed, but only in limited circumstances.
The government has opened a consultation on the application of the £1m allowance for property settled into trust qualifying for 100% property relief.
HMRC is scrapping the use of Form P11D to report benefits in kind from 2026. How will you need to account for tax and NI due after this?
HMRC stated that upgrading a boiler wouldn't be a deductible expense for tax purposes. It is now admitting that this was wrong. What action do you need to take?
Rule changes on payroll reporting for early salary payments have been relaxed. What do you need to know?
The standard filing date for a personal tax return is 31 January. However, if you submit paper returns you need to do it earlier. What's the paper filing date,
HMRC has revealed the level of bonus payments paid out to participants of the Help to Save Scheme and encouraged others to look at using the scheme.
Thye Chancellor kept her pledge that there would be no more tax rises at the Spring Statement, but there are some important Making Tax Digital developments.
HMRC has announced an extension to the materials qualifying for the VAT zero rate from 1 February 2024. What's the full story?
HMRC announced that it would be scaling back its tax helplines. It has now seemingly reversed the decision. What's going on?
A new online tool has been launched to help businesses understand the impact of being VAT registered. What's the full story?
Occasionally, HMRC publishes guidance that is at odds with what the legislation says. A recent example of this is in respect of reimbursement for the costs of c
If you receive a letter from HMRC about your corporation tax losses, don't ignore it or you could end up overpaying. What's going on?
Higher and additional rate taxpayers can use a new online form to claim additional tax relief on pension contributions. Can you accelerate relief?
HMRC's new online service for child benefit: Claim in 10 minutes, receive payments in 3 days. What's needed to use the service?
The approved amount that employers can reimburse staff for business travel in company cars changes from 1 March 2024. What are the new rates?
Phishing attacks are being sent to pensioners purporting to be from the Department for Work and Pensions. What's going on?
Early in 2023 HMRC launched an online tool for helping you correct errors in VAT returns. After a settling-in period HMRC has recently published new guidance on using the tool.
HMRC is writing to individuals who may need to pay tax on the disposal of cryptoassets such as Bitcoin. What should you do if you receive a letter?
HMRC is writing to individuals it suspects may not have paid enough tax on profits from real estate. What should you do if you receive a letter?
Due to security concerns, HMRC has warned that it will not process refund claims made by authorised agents. What's going on and what alternatives are available?
The deadline for paying monthly PAYE is on the 22nd of each month. For September 2024, this falls on a Sunday. What can you do to avoid late payment?
HMRC has incorrectly refunded Class 2 NI to some self-employed taxpayers. What should you do if you get an unexpected payment?
If you claimed Child Benefit prior to May 2000 you may have missed out on valuable qualifying state pension years due to nuances in HMRC's systems.
The guidance on what "new and unused" means for the purposes of first-year allowances has been updated in order to make things clearer. What's the full story?
HMRC has launched a new online tool to help taxpayers determine whether they need to use Making Tax Digital for Income Tax Self-Assessment (MTD ITSA).
The amount that employees can be reimbursed for business travel in company cars changed from 1 September 2024. What are the new rates?
Despite new requirements for research and development (R&D) claims being in force for a month, almost half of claims made since then have omitted the necess
The government has announced changes to the threshold at which some taxpayers need to complete a tax return. What's the full story?
Ahead of the Scottish Budget, there were rumours that tax hikes were on the way. However, the announcements made on the day will see some easing of tax for lowe
The amount that employees can be reimbursed for business travel in company cars changes from 1 December 2024. What are the new rates?
The deadline for employers to file P11D forms for 2023/24 is 6 July. You need to be aware of a crucial change this year. Why should you check the position even
HMRC's self-assessment helpline was closed in June. It's now reopened for calls ready for the tax return filing season. What do you need to know?
Making Tax Digital will be mandatory for some traders and landlords next year. Ahead of this, the government is ramping up its guidance to help you get ready.
HMRC has launched a new online tool to help you understand your PAYE code. What is it and how can you use it?
HMRC has promised a change to the threshold at which self-employed taxpayers need to complete a tax return. What do we know so far?
A government U-turn on the winter fuel payment was announced this week, with a new means-tested threshold. How will this work in practice?
Late payment interest rates on underpaid taxes will soon decrease due to the recent reduction in the Bank of England's base rate. What are the new rates?
The government has announced substantial increases to the national living wage (NLW) and national minimum wage (NMW) rates from 1 April 2024.
Late payment interest rates on underpaid taxes will soon decrease again due to the recent reduction in the Bank of England's base rate.
A new toolkit aimed at assisting non-domiciled taxpayers that use the remittance basis has been launched. What does this do?
The new tax year saw a change to the way interest on late paid taxes is calculated. What's changed and what are the new charges?
HMRC's recent guidance to employers includes a reminder about its concession for real time reporting requirements of payroll over the Christmas period. More.
The Budget contained announcements regarding the rollout of Making Tax Digital for Income Tax Self-Assessment (MTD ITSA). What's the latest updated position?
, inspire financial management, financial management, accountant, accounting, gateshead, stockton on tees