Weekly Catch Up | 31st May
In this week's catch up, and talked about:
  • HMRC have announced there will be less tax payers submitting tax returns going forward as they increase the amount you can earn before you have to submit a return.
  • The implications of being an unreliable witness in a tax tribunal hearing, the importance of keeping basic records and the difference between choosing to incur an expense and needing to.
  • A business that has possibly missed out on the ability to deduct expenses and claim R&D tax credit relief.
  • A move by HMRC to require evidence that your tax affairs are up to date before licences will be issued by government bodies and where this could end up - taxis for now, landlords next?
Click here to watch in the classroom: #Weekly Catch Up | 31st May
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James Bray
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Weekly Catch Up | 31st May
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