½Û×ÓÊÓÆµ

Tax News

Update on 31 January Self-Assessment deadline and filing penalties

Published on: 28 January 2021
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

Further to the announcement made on 25 January that there would be no self-assessment late filing penalty for those who file online by 28 February 2021, HMRC has now confirmed its position in relation to other self-assessment returns.

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and European Union

Popular Articles

Residential property and capital allowances

Residential property and capital allowancesResidential property ― plant and machinery allowancesOrdinary residential property does not, and never has, qualified for capital allowances. as CAA 2001, s 35 denies plant allowances for expenditure incurred in providing plant or machinery for use in a

14 Jul 2020 17:14 | Produced by Tolley in association with Martin Wilson and Steven Bone Read more Read more

Research and development expenditure credit (RDEC)

Research and development expenditure credit (RDEC)This guidance note provides information on how research and development expenditure credits (RDEC) are calculated and utilised. The Qualifying expenditure for R&D tax relief guidance note provides information on what expenditure qualifies for

14 Jul 2020 13:24 | Produced by Tolley in association with Will Sweeney Read more Read more

Gilts

Gilts‘Gilts’ are securities that are also known by a number of different names (eg gilt-edged securities, Government securities or treasury stock).The Government sells gilts to fund the deficit between public spending and tax receipts. Normally, the Government pays interest to the holder of the gilt

14 Jul 2020 11:48 | Produced by Tolley Read more Read more