A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MOREHMRC drops benefit in kind charge on Covid-19 tests
HMRC has been forced into a rapid U-turn after publishing guidance indicating that employees would face a taxable benefit in kind when their employer pays for coronavirus testing, following an outcry from MPs.
Updated guidance on how to treat certain expenses and benefits provided to employees during the Covid-19 crisis which HMRC put out on 6 July included the information that if an employer paid for a coronavirus test, their employee would be required to pay income tax on that benefit.
Read more at the Accountancy Daily.
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Over a million bounce back loans approved for small businesses
With bitcoin hitting new highs, it’ll likely reach the US$100,000...
Cryptocurrencies are surging again. Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing...
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HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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