Inspire Financial Management

Best viewed on a device with a bigger screen...
Tel: 0191 487 7074

Requested Content Not Found

The page or file you requested could not be found.

Maybe you were looking for:

HMRC deliberately cutting off calls?

HMRC deliberately cutting off calls?

The Public Accounts Committee (PAC) has severely criticised HMRC's customer service, forcing it to make a public statement. What's the full story?

HMRC issues reminder of saving scheme

HMRC issues reminder of saving scheme

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.

Self-employed set for penalty reprieve

Self-employed set for penalty reprieve

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.

Advisory fuel rates from 1 March 2024 published

Advisory fuel rates from 1 March 2024 published

The approved amount that employers can reimburse staff for business travel in company cars changes from 1 March 2024. What are the new rates?

Workaround for botched HMRC student loan repayment calculations

Workaround for botched HMRC student loan repayment calculations

HMRC systems cannot differentiate between certain types of income which could lead to an overpayment of student loan deductions. What's the solution?

Further relaxation of self-assessment thresholds announced

Further relaxation of self-assessment thresholds announced

The government has announced changes to the threshold at which some taxpayers need to complete a tax return. What's the full story?

Losses on CT returns may be incorrect

Losses on CT returns may be incorrect

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?

HMRC reminds cryptoasset holders of tax obligations

HMRC reminds cryptoasset holders of tax obligations

Ahead of this month's filing deadline for 2022/23 tax returns, HMRC is urging cryptoasset holders to check if they need to report transactions.

Scottish Budget confirms bands and rates for 2025/26

Scottish Budget confirms bands and rates for 2025/26

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

HMRC to reduce late payment interest

HMRC to reduce late payment interest

Late payment interest rates on underpaid taxes will decrease again due to the recent reduction in the Bank of England's base rate. What are the new charges?

Form P1000 now available digitally

Form P1000 now available digitally

Dealing with a deceased client's tax affairs can be drawn out, partly due to the authorisation process. However, a recent change should help simplify things.

Have your say on e-invoicing

Have your say on e-invoicing

The government is seeking views on the standardisation of electronic invoicing. Why, and how can you join the consultation?

Relaxation of self-assessment threshold

Relaxation of self-assessment threshold

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?

Paper filing deadline just days away

Paper filing deadline just days away

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 warns employers over seasonal staff pension rights

HMRC warns employers over seasonal staff pension rights

Businesses that take on temporary staff over busy periods, e.g. the summer holidays, need to check whether they have obligations under auto-enrolment.

Criteria for self-assessment are changing

Criteria for self-assessment are changing

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.

Cash in old certificates of tax deposit before it's too late

Cash in old certificates of tax deposit before it's too late

The Certificate of Tax Deposit Scheme will come to an end on 23 November 2023, yet £89 million remains unclaimed. What should you do if you have such a certific

New online VAT registration tool

New online VAT registration tool

A new online tool has been launched to help businesses understand the impact of being VAT registered. What's the full story?

HMRC issues reminder about new R&D tax relief rules

HMRC issues reminder about new R&D tax relief rules

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

Government seeks views on inheritance tax changes for trusts

Government seeks views on inheritance tax changes for trusts

The government has opened a consultation on the application of the £1m allowance for property settled into trust qualifying for 100% property relief.

Latest advisory fuel rates published

Latest advisory fuel rates published

The HMRC-approved amount that employers can reimburse staff for business travel in company cars changes from 1 December 2023. What are the new rates?

Rogue refunds of Class 2 NI due to HMRC failure

Rogue refunds of Class 2 NI due to HMRC failure

HMRC has incorrectly refunded Class 2 NI to some self-employed taxpayers. What should you do if you get an unexpected payment?

HMRC launches remittance basis toolkit

HMRC launches remittance basis toolkit

A new toolkit aimed at assisting non-domiciled taxpayers that use the remittance basis has been launched. What does this do?

New online service for voluntary contributions goes live

New online service for voluntary contributions goes live

Gaps in your NI history? You can now pay voluntary contributions online to increase your entitlement to certain benefits. How do you access the new service?

Loan written off: are you in HMRC's crosshairs?

Loan written off: are you in HMRC's crosshairs?

HMRC is writing to directors that took a loan from their company that was later written off or released. What should you do if you receive a letter?

MTD ITSA guidance updated following Budget

MTD ITSA guidance updated following Budget

The Budget contained announcements regarding the rollout of Making Tax Digital for Income Tax Self-Assessment (MTD ITSA). What's the latest updated position?

Child Benefit claimants could be missing out on full state pension entitlement

Child Benefit claimants could be missing out on full state pension entitlement

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.

HMRC launches PAYE code tool

HMRC launches PAYE code tool

HMRC has launched a new online tool to help you understand your PAYE code. What is it and how can you use it?

Late payment interest rates changed again

Late payment interest rates changed again

Late payment interest rates on underpaid taxes will soon decrease again due to the recent reduction in the Bank of England's base rate.

Changes to VAT zero rating imminent

Changes to VAT zero rating imminent

HMRC has announced an extension to the materials qualifying for the VAT zero rate from 1 February 2024. What's the full story?

Latest guidance on correcting VAT errors

Latest guidance on correcting VAT errors

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 MTD ITSA webinar - worth a look?

HMRC MTD ITSA webinar - worth a look?

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 cuts late payment interest following base rate changes

HMRC cuts late payment interest following base rate changes

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?

Beware of Sunday payment deadline this month

Beware of Sunday payment deadline this month

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?

Child benefit goes digital

Child benefit goes digital

HMRC's new online service for child benefit: Claim in 10 minutes, receive payments in 3 days. What's needed to use the service?

Latest advisory fuel rates for company car drivers

Latest advisory fuel rates for company car drivers

The amount that employees can be reimbursed for business travel in company cars changed from 1 September 2024. What are the new rates?

HMRC U-turn on helpline closures

HMRC U-turn on helpline closures

HMRC announced that it would be scaling back its tax helplines. It has now seemingly reversed the decision. What's going on?

Advisory fuel rates for company cars from 1 June 2024

Advisory fuel rates for company cars from 1 June 2024

The amount that employers can reimburse staff for business travel in company cars changes from 1 June 2024. What are the new rates?

Latest advisory fuel rates for company cars

Latest advisory fuel rates for company cars

The amount that employees can be reimbursed for business travel in company cars changes from 1 December 2024. What are the new rates?

HMRC pauses some refund claims for agents

HMRC pauses some refund claims for agents

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?

Permanent increase to penalty interest rates

Permanent increase to penalty interest rates

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?

Scammers already targeting pensioners over winter fuel payments

Scammers already targeting pensioners over winter fuel payments

Phishing attacks are being sent to pensioners purporting to be from the Department for Work and Pensions. What's going on?

HMRC scraps paper VAT registration

HMRC scraps paper VAT registration

From 13 November HMRC will abolish the paper VAT registration form. How will new applications be made from that date?

HMRC reopens self-assessment helpline

HMRC reopens self-assessment helpline

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?

Winter fuel payments to be clawed back via tax system

Winter fuel payments to be clawed back via tax system

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?

HMRC payroll reporting for Christmas

HMRC payroll reporting for Christmas

HMRC's recent guidance to employers includes a reminder about its concession for real time reporting requirements of payroll over the Christmas period. More.

Adding Strength to our Business

Adding Strength to our Business

We are delighted to announce that Inspire Financial Management have engaged with Galley and Tindle Accountants in Durham, to form a strategic collaboration between our two firms.

Access Key Enabled Navigation
Keywords for: Page Not Found

, inspire financial management, financial management, accountant, accounting, gateshead, stockton on tees