Amidst economic turbulence marked by soaring inflation, energy price surges, and geopolitical tensions, UK households are
Penalties for careless and deliberate tax return errors
As well as charging interest on tax paid late, HMRC may also levy a penalty where
Three-year carry back of company losses
An extended loss carry back was announced at Budget 2021 which enables companies (and individuals) to
HMRC suspends late filing penalties
In an 11th hour U-turn by government, HM Revenue and Customs’ (HMRC) Chief Executive Jim Harra