Latest News
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Taxpayer loses child benefit charge row in unusual circumstances
The First Tier Tribunal has dismissed an appeal involving a divorced taxpayer who left the family home but continued to be liable for the high-income child benefit charge, but with some unusual circumstances. What happened?
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HMRC encourages UK Trader Scheme users to take action by 31 July 2023
Any business using the UK Trader Scheme should already be aware that it will cease to exist from 30 September 2023. A new scheme will replace it, but action needs to be taken to ensure a smooth transition. What do you need to know?
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Further rise in HMRC interest rates confirmed
Following the 13th consecutive increase in the Bank of England (BoE) base rate, HMRC’s interest rates on overpaid or underpaid tax will also increase. What are they and when will they take effect?
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Key tax deadline approaching
The first week of July brings another key tax deadline for employers. What needs to be submitted, and when is the due date?
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Making Tax Digital scheme five times over initial budget
The Chartered Institute of Taxation (CIOT) has criticised HMRC’s handling of the Making Tax Digital project, saying it has spiralled out of control. What’s happened, and what is the latest timetable for rollout?
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Deadline to catch up on NI contributions extended
An opportunity to fill gaps in your NI contribution history back to 2006 was due to end on 31 July 2023. The government has just announced that this will be extended. What's the new deadline?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.
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