Do you need to make a second tax payment on account for the 2024/25 tax year by 31 July 2025?
Self Assessment Tax Payment on Account
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HMRC
HMRC
Measuring the tax gap
How big is the tax gap? Which taxes make up the tax gap, which groups of taxpayers and what behaviours make up the tax gap?
Business separation demerger
Richard Coombs, tax partner at Bates Weston looks at selling part of a business and considers whether a business separation demerger is the answer.
Cost of professional tax advice
HMRC seems to confirm that the cost of professional tax advice does indeed represent good value for money.
HMRC clearance
Craig Simpson, Tax partner at Bates Weston explains how HMRC clearances work, and when and why you might need them.
Delving into Demergers
Richard Coombs, tax partner at Bates Weston, uncovers the problems demergers are designed to fix. He explains how problems arise and why trying to resolve them using anything other than a demerger can often lead to significant tax charges.
Changes in the way taxable business profits are calculated
If you are a sole trader or partnership and your accounting year end is not 31 March or 5 April, you are going to be affected by a change in the way taxable business profits are calculated for a tax year.
What is next for MTD ITSA?
The current situation with Making Tax Digital for Income Tax Self-Assessment – MTD ITSA, and what may happen next.
Increasing interest rates on overdue tax
The impact of rising interest rates on overdue tax charges, particularly costs associated with late payment of tax and paying Corporation Tax by instalments.
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