Understanding VAT Changes to Amazon Fees: What Sellers Need to Know
VAT Changes to Amazon Fees Value Added Tax (VAT) is a consumption tax levied on goods and services in many countries. For Amazon sellers, VAT compliance is crucial, as it directly impacts pricing, profitability, and legal obligations. Recent changes to VAT regulations have affected Amazon’s fee structure, making it essential for sellers to stay informed … read more Understanding VAT Changes to Amazon Fees: What Sellers Need to Know
Understanding Tax Refunds: A Comprehensive Guide
Understanding Tax Refunds As tax season approaches, many individuals and businesses start wondering: “Am I eligible for a tax refund?” A tax refund can feel like a windfall, but understanding how it works, why you might be entitled to one, and how to maximize your refund is essential. This guide delves into everything you need … read more Understanding Tax Refunds: A Comprehensive Guide
Paying the Right Crypto Tax: A Guide to Staying Compliant in 2025
Paying the Right Crypto Tax Cryptocurrency has gained immense popularity over the past decade, and with that rise has come a new set of challenges—particularly when it comes to taxes. Paying the right crypto tax is crucial for both individuals and businesses involved in crypto trading or investments. Failing to comply with tax regulations can … read more Paying the Right Crypto Tax: A Guide to Staying Compliant in 2025
BBC News
- Boeing and Google give $1m each to Trump's inauguration January 10, 2025The major US businesses donating to the fund also includes energy firm Chevron and tech giants Meta, Amazon and Uber.
- LA wildfires among costliest in US history January 10, 2025Analysts estimate economic losses at more than $135bn as the fires burn through some of the most expensive property in the US.
- How AI uncovers new ways to tackle difficult diseases January 10, 2025Pharmaceutical firms are turning to AI to find new molecules that might be able to tackle disease.
- TikTok to make final plea at Supreme Court against US ban January 10, 2025TikTok is hoping to win a challenge against law that would see it banned from the US this month.
- Lloyds, Halifax and Bank of Scotland to share branches January 9, 2025The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.
- Pound falls to lowest in over a year after UK borrowing costs rise January 9, 2025Economists have warned the rise could mean further tax hikes or spending cuts by the government.
- Why are UK borrowing costs rising and what does it mean for me? January 9, 2025Government borrowing costs have hit their highest level for several years - what does it mean for you?
- M&S Christmas cheer hit by uncertain outlook for UK January 9, 2025Festive food sales jumped but the retailer is concerned about the British economy.
- Mick Lynch announces retirement as head of RMT January 9, 2025Mr Lynch steered the union through fierce pay strikes in 2022 and 2023 before securing a new deal.
- China bets on kitchen appliances to boost economy January 9, 2025A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.
HMRC working with tax agents
- This blog is now archived September 6, 2022Please note that this blog is no longer being updated.Geoff Greensmith
- Mandating the use of P87 forms - Frequently asked questions for agents May 11, 2022From 6 May new secondary legislation came into force allowing HMRC to specify the format of P87 applications. HMRC has updated the form they want customers to use on GOV.UK and from 7 May 2022 all P87 applications must be made on this form.Geoff Greensmith
- End of bulk appeals for late filing penalties May 5, 2022The temporary reintroduction of bulk agent appeals for 2020 to 2021 Income Tax Self Assessment (ITSA) late filing penalties, will come to an end on 6 May 2022 as planned.Geoff Greensmith
- Agent Update 95 has been published April 21, 2022Agent Update 95 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- How is HMRC upholding the Standard for agents? April 5, 2022HMRC has published an in-depth review on upholding standards for agents. The review sets out our approach and the statutory powers available to us when dealing with breaches of the Standard. It brings together contributions and examples of work from across HMRC and it’s the first time this information has been published in one place.Geoff Greensmith
- Authorisation to discuss Self Employment Income Support Scheme (SEISS) grants on behalf of your clients March 29, 2022We may not be able to talk to you about your clients’ SEISS grants unless we receive additional consent from them. This is because our existing process – the 64-8 agent authorisation – was not designed to cover the support provided in response to coronavirus, such as SEISS grants, so the usual taxpayer confidentiality rules apply. We require this additional authorisation […]Geoff Greensmith
- New 64-8 agent authorisation form March 24, 2022From 31 March 2022, new clients will need to use a new form 64-8 to give authorisation for you to deal directly with us on their behalf. Existing clients do not need to re-authorise their current relationship.Geoff Greensmith
- Spring Statement 2022 March 23, 2022The Chancellor made his annual Spring Statement speech today where he set out the Government’s tax plan to support the UK economy, businesses and families in both the short and the medium term.Geoff Greensmith
- Agent Update 94 has been published March 17, 2022Agent Update 94 is available now and contains the latest articles, updates, help and support for the entire agent community.Geoff Greensmith
- Bulk appeal for Late Filing Penalties – Coronavirus March 2, 2022Due to the impact of coronavirus on individuals and businesses around the country, HMRC has not issued a Late Filing Penalty for anyone who has been unable to file their 2020-21 self-assessment return by 31 January 2022 providing they did so by 28 February 2022.Geoff Greensmith
HM Revenue & Customs – Activity on GOV.UK
- Map: Map of Firth of Forth Green Freeport customs site January 10, 2025This map shows the Freeport customs site within Firth of Forth Green Freeport.HM Government
- Employing staff for the first time January 9, 2025The main things you need to consider when employing people for the first time or if you've never hired an employee beforeHM Government
- Guidance: Software developers: payroll test data 2025 to 2026 January 9, 2025Find HMRC payroll test data for software developers.HM Government
- VAT Traders’ Records Manual January 9, 2025Guidance on the basic record keeping and accounting requirements that a trader is expected to comply withHM Government
- COTAX Manual January 9, 2025All aspects of company taxation including appeals, enquiries, payments and penaltiesHM Government
- Defnyddio’r cynllun Troi Treth yn Ddigidol ar gyfer Treth Incwm January 9, 2025Arweiniad i unig fasnachwyr, landlordiaid ac asiantau sydd am wirfoddoli i ddefnyddio a phrofi'r ffordd newydd gan CThEF o roi gwybod am incwm a threuliau ar gyfer blwyddyn dreth 2024 i 2025.HM Government
- Os bydd eich amgylchiadau’n newid January 9, 2025Sut i ychwanegu’ch ffynonellau incwm a dod â nhw i ben, sut i addasu taliadau ar gyfrif, a sut i ddiwygio Ffurflen Dreth sydd wedi’i chyflwyno.HM Government
- Use Making Tax Digital for Income Tax January 9, 2025Guidance for sole traders, landlords and agents who want to volunteer to use and test HMRC's new way of reporting income and expenses for the tax year 2024 to 2025.HM Government
- If your circumstances change January 9, 2025How to add and cease your income sources, adjust payments on account or amend a submitted return.HM Government
- National Insurance Manual January 9, 2025Guidance on the law relating to National Insurance contributions including classification, refund and confirming National Insurance Numbers (NINO)HM Government