In a much-anticipated verdict, the Supreme Court has made its judgement on the Financial Conduct Authority’s (FCA) business interruption (BI) insurance case. And, after delivering their decision in a live stream, the Supreme Court has allowed the FCA’s and the Hiscox Action Group’s (HAG’s) appeal. The outcome is excellent news for BI insurance policyholders because appeals made by six leading…
HMRC has recently expanded an online service which now allows more people to set up a payment plan and spread the payment of their January 2021 tax bill over 12 months. You can use the online payment plan to help ease the financial impact you may be facing as a result of the coronavirus pandemic.
Phil Pluck, Chief Executive at the Freelancer and Contractor Services Association (FCSA), has written a letter to Chancellor Rishi Sunak pleading for more support for the UK’s temporary workforce. The letter has been written in response to the support measures that were announced after the UK’s third lockdown was confirmed in early January.
HMRC and ASA join forces to tackle the use of misleading marketing used by promoters of tax avoidance schemes
HMRC and the Advertising Standards Agency have launched a joint initiative to eliminate misleading marketing regularly used by promoters of tax avoidance schemes.
January is always a busy month for HMRC as people rush to file their self-assessment tax returns before the 31st January deadline. It is advisable to avoid this busy period and file your tax return as soon as possible.