HMRC have confirmed that they will not impose any late filing penalties for people who file their Self Assessment returns on 1 and 2 February.

Taxpayers who are not under investigation but want to admit to tax fraud may ask HMRC to consider their suitability for a new contractual disclosure facility (CDF).

The Chancellor of the Exchequer, George Osborne, has announced that the Government will waive VAT on sales of the X-Factor Christmas single.

Why not donate to St Christophers Hospice for whom I am running the London Marathon in 2012?

The Chancellor has announced that Budget 2012 will take place on Wednesday 21 March.

You may have noticed when ordering books, CDs or DVDs online that they have come via the Channel Islands. There is a very good reason for this, they are VAT free and therefore 20% cheaper than if they had come from a UK supplier.

HMRC have set up a ‘voluntary advance assurance’ pilot to help small companies (including start-ups) make their first Research & Development Tax Credits claim.

It is a common misconception that if you have not retained a valid VAT receipt from your supplier then you cannot reclaim the VAT on the purchase.

HMRC have stated that all Flat Rate Scheme VAT users can ignore bank interest received for the purposes of calculating the VAT due.

I was recently asked to clarify the position on whether coffees bought at meetings with clients constituted business entertaining (not allowable for tax) or subsistence (perfectly allowable for tax).

There are a few basic guidelines, as oppose to rules, that have come together through case law and HMRC interpretation over time.