Tax Archives - Inspire Accountants

Reminder: Deferring your second payment on account

by Inspire | 28 Jul, 2020 | Blog, Coronavirus

If your personal income has been affected by Covid-19, here’s a quick reminder that you don’t need to pay your Self Assessment second payment on account by this Friday (31 July), when it...

Chancellor orders review of Capital Gains Tax

by Inspire | 15 Jul, 2020 | Blog, Coronavirus, News

This week the Chancellor, Rishi Sunak, ordered a review of Capital Gains Tax (CGT), which is fuelling speculation that there could be an increase on the taxes paid when an asset is sold, such as...

Income Tax Self-Assessment: deferral of second payments

by Inspire | 30 Mar, 2020 | Blog, Coronavirus

HMRC has changed its guidance on who can defer their second payments on account (due 31 July 2020). Originally it was only self-employed individuals, now it is all tax payers under self assessment....

Chancellor’s update – 26 March

by Inspire | 26 Mar, 2020 | Blog, Coronavirus

Today we heard about some of the further measures the Government is taking regarding the ongoing support measures for dealing with Coronavirus related impacts. The main focus was around support for...

Here’s what you need to know today: 24 March

by Inspire | 24 Mar, 2020 | Blog, Coronavirus

As the Prime Minister last night announced what has become known as ‘lockdown’, here’s what we know so far on what support is available to business, and crucially, where we need more detail. All of...

‘Whatever it takes’ – latest promise from the Chancellor to support business

by Inspire | 20 Mar, 2020 | Blog, Coronavirus, News

‘Whatever it takes’ – the mantra of the past few weeks from the Government, and this evening the Chancellor appears to have pulled out all the stops to keep people in work. Following talks with...

HMRC Time To Pay – our advice

by Inspire | 19 Mar, 2020 | Blog, Coronavirus

We know that the HMRC Time to Pay phone lines (0800 0159559) are really busy again today. Our advice to anyone trying, but failing, to get through, is to keep a log of the calls to evidence your...

Budget 2020 – Getting it done!

by Inspire | 11 Mar, 2020 | Blog, News

This afternoon the newly-appointed Chancellor, Rishi Sunak, took to the stand to deliver the 2020 Budget. Less than a month into the job, at the centre of a global health crisis, the plans for...

Returns and Tax on UK Property Disposals

by Inspire | 26 Feb, 2020 | Blog

When it comes to selling your property, the last thing you are thinking about is the reporting obligations you need to make to HMRC. However, as you may be aware there have been a number of changes...

Tag: Tax

Reminder: Deferring your second payment on account

Chancellor orders review of Capital Gains Tax

Income Tax Self-Assessment: deferral of second payments

Chancellor’s update – 26 March

Here’s what you need to know today: 24 March

‘Whatever it takes’ – latest promise from the Chancellor to support business

HMRC Time To Pay – our advice

Budget 2020 – Getting it done!

Returns and Tax on UK Property Disposals

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