New penalties to apply to taxpayers testing making tax digital
[ad_1] HMRC has explained how penalties will be charged where volunteers testing making tax digital income tax self assessment are late in making a payment or submitting a return. HMRC has published guidance on the late submission and payment penalties that apply where a person volunteers to test making tax digital income tax self assessment […]
How do ICAEW’s CPD changes apply to members working in tax?
[ad_1] Tax work has been divided into three categories under the revised Continuing Professional Development (CPD) Regulations, each with its own requirements. Find out what category your role falls into ahead of the changes coming into force. From 1 November 2023, all ICAEW members subject to the CPD Regulations must first identify into which CPD […]
Apply for marriage allowance by postal form
[ad_1] HMRC has published a new form to enable individuals to apply for marriage allowance by post more easily. It is also possible to claim the allowance online, by phone and through a self assessment tax return. Previously, it was possible to apply for marriage allowance by post by writing a letter. However, to ensure […]