Farrell & FarrellMar 24, 20221 minUK Spring Statement 2022The Chancellor, Rishi Sunak announced the UK Spring Statement 2022 yesterday, 23 March 2022. Please find attached our summary of the...
Farrell & FarrellMar 22, 20221 minHaven’t paid your 2020/21 tax bill!! Act now…A 5% late payment penalty arises on the tax balancing payment and/or Capital gains tax paid late. The trigger date for the first late...
Farrell & FarrellMar 15, 20221 minUK National Minimum Wage Increase (NMW) & UK National Insurance Increase (NIC)Please find attached our summary of the upcoming changes in regard to UK PAYE.
Farrell & FarrellJan 7, 20221 minUK Income tax 2020/21 – HMRC Late filing and payment penalties waived Similar to last year, whilst there isn’t an extension of the Self Assessment income tax deadline, HMRC announced yesterday that Self...