Undertaking Work On A Rental Property While Empty – Can You Deduct The Costs?
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VAT Flat Rate Scheme – Is It Worthwhile?
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Tell HMRC That Your Company Is Dormant
Tell HMRC That Your Company Is Dormant If your company is no longer trading and does not have any other income, you can tell HMRC that it is dormant. This will relieve you of the need to file a company tax return or pay corporation tax. However, while your company still exists, even if it
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Using Your Annual Exempt Amount For 2021/22
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How HMRC Deals With Tax Debts
How HMRC Deals With Tax Debts During the covid pandemic HMRC suspended many of their debt collecting activities. However, as the UK emerges and economic activity resumes, HMRC has restarted their debt collection work intending to contact taxpayers who have fallen behind with their tax payments. From September 2021, they restarted the process of collecting
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