Tax in the real world
It’s easy to get bogged down in the minutiae of tax, to be distracted by how complicated it all is.
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Deadline to pay Class 1B NI
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Company owners' personal tax affairs under scrutiny
Company owners are being urged to check their personal tax affairs as a new compliance campaign focuses on transactions between limited companies and the people who control them. Loans, personal expenses and the use of company assets are among the areas attracting attention. Could you have overlooked a tax liability?
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HMRC speeds up National Insurance refunds
HMRC has confirmed that it is using a new automated process to speed up National Insurance refunds. Where its records suggest that someone may have overpaid, HMRC will write to them asking them to check their employment and contribution details before any refund is processed. Could you be due money back?
It's easy to get bogged down in the minutiae of tax, to be distracted by how complicated it all is. So sometimes it is worth reminding ourselves that it’s not all computations and disputes with HMRC.
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