Ongoing industrial action at HMRC

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Digital alternatives can mitigate longer wait times on helplines Industrial action, which is currently impacting on HMRC’s services, began on...

Self-assessment guide on tax payments

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA What is payment on account and how do I pay it? An article from Sage explains the concept of payment on account for self-assessment tax...

Self-assessment filing and reasonable excuses

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA An exploration of ‘reasonable excuses’ for appealing against late filing penalties There is no statutory definition of reasonable excuse,...

Basis period reform

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Reporting on a tax-year basis and using estimates for overlap relief From April 2024, sole traders and partners in businesses will be...