HMRC Penalties for late filing or late payment

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A comprehensive look across different types of tax Penalties for late filing of returns and paperwork or late payment differ according to...

The new penalty regime for late VAT payments

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA All you need to know about the new points-based approach For VAT returns for accounting periods starting on or after 1 January 2023 a new...

Associated companies and corporation tax

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A detailed look at how control is defined for associated companies As of 1 April 2023, companies with taxable profits over £250,000 will pay...

ACCA: Gifts and inheritance tax

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Examining three types of individual transfers which might be subject to IHT The politics of inheritance tax (IHT) are among the most...

ACCA: Welcome delay to MTD for ITSA

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA ACCA welcomes announcement that this major change will now be mandated from 2026 On 19 December 2022, the UK government announced that Making...