Latest News
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Fixing a property return anomaly
Where a disposal of residential property results in a tax bill, it has to be reported to HMRC within 60 days on a property disposal return (PDR). However, some individuals missed this requirement and have been unable to do so retrospectively because a self-assessment return has been filed in the meantime. What’s going on and what should you do in this situation?
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A timely review of payments on account
For those in self-assessment, 31 July is an important date for a number of reasons. What are these, and why is it important to review taxable income ahead of Sunday’s deadline?
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New VAT registration service from 1 August
A new VAT registration service goes live for accountants and tax advisors on 1 August 2022. What does this mean for registrations awaiting submission?
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HMRC reveals details of R&D credits anti-fraud campaign
Earlier in 2022, HMRC announced that it was suspending payments of R&D tax credits while it investigated some claims. It has now released details of a new campaign to fight fraudulent claims. What are they?
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Leadership race means more tax uncertainty for owner managers
How is the scramble to replace the Prime Minister causing uncertainty for small company owners?
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HMRC reports low knowledge of cryptoasset tax treatment
HMRC has published a report on the popularity and understanding of the UK cryptoasset market. Worryingly, it seems that tax knowledge of this specialised, but growing, market remains relatively low. What’s the full story?
Muir & Addy is a partnership registered to carry out audit work by the Institute of Chartered Accountants in Ireland (ICAI). Chartered Accountants Ireland is the operating name of ICAI.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 223287.