Martin, Maurice
Yes, HMRC can track transactions using blockchain transparency, data from exchanges, and analysis tools. Exchanges must comply with data requests. Do crypto exchanges report to HMRC? Yes, UK exchanges share transaction data and user information with HMRC to ensure tax compliance. Accurate reporting ...
The National Association of Specialist Dental Accountants (NASDA) is encouraging dental practices to get a dispensation from HM Revenue and Customs (HMRC) so they can pay the professional fees of DCP staff without being taxed. The dispensation from HMRC recognises that payment of the GDC's annual...
THE HMRC R&D REGIME HMRC R&D Tax Credits are a government scheme designed to help innovative UK businesses. Through Corporation Tax deductions or a cash payment, HMRC R&D tax credits reward investment in innovation and are a valuable source of funding for growth. The R&D regime has been histor...
The reason for the two payments is to soften the blow for those who would otherwise have to pay one significant sum in January.You can currently make this payment via postal cheque, the HMRC online portal or by BACS from your online banking....
Using accounting software to do tax returns Other helpful resources Glossary What is a Self Assessment tax return? If you’re self-employed, you’ve probably received emails from HMRC reminding you to fill out your Self Assessment tax return before the online deadline of 31st January. “In the...
To pay with your bank you just need to: Head to theUK Government and HMRC website. Click 'Pay self assessment now'. And you’ll be able to select 'pay by bank account' as an option. You’ll be directed to your bank’s online login page and asked to approve a payment to HMRC. ...
Making Tax Digital (MTD) is the HMRC plan to digitise the tax system for VAT, Income Tax Self Assessment, and Corporation Tax for both businesses and individuals. Its purpose is to make tax returns simpler and more efficient for everyone. What...
characterisation of the overall package (taking into account the individual elements), one should not go back and consider whether individual elements are more compensatory or punitive. As such, the Tribunal allowed HMRC's appeal in relation to the payment of £500,000 mad...
With millions of people due to complete their self-assessment tax return and pay any tax owed by 31 January 2025, HMRC has warned that fraudsters are targeting people with offers of tax refunds or demanding payment of tax. Many of the scams aim to get hold of personal...