Residential Property Developers Tax (RPDT)

Residential Property Developers Tax (RPDT)

The government’s consultation on a potential new tax, Residential Property Developers Tax (RPDT) closed last month. RPDT if enacted, will tax profits made from residential property developments from April 2022.

HMRC SEISS Auto-Corrections

HMRC SEISS Auto-Corrections

HMRC is making SEISS (Self-Employment Income Support Scheme) auto-corrections to 2020/21 tax returns where it believes the total of declared SEISS grants received does not match their records.