Latest News
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Online side hustlers to feel HMRC's wrath?
HMRC will soon start to receive information about the money people make on online selling platforms such as TikTok and Etsy. This has led to panic about a new “side hustle” tax. Who will be affected?
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Child benefit goes digital
Child benefit payments take up to 16 weeks to commence. Now, HMRC has launched an online claim service for new parents which it says will take ten minutes to complete, and as little as three days for payments to arrive. What will you need to use the new service?
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Scottish Budget hikes income tax for higher earners
The Scottish government presented its 2024/25 Budget to Holyrood yesterday. The headline changes are a move to a six-tier income tax system, and a hike for those the government deems “higher earners”. Who will these changes affect?
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Changes to VAT zero rating imminent
HMRC has announced an extension to the materials qualifying for the VAT zero rate from 1 February 2024. What’s the full story?
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Taxpayer uses AI to argue against penalty
One taxpayer recently decided to use AI to generate a defence against an HMRC penalty. How did things turn out for her?
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Are camping pods “buildings” for capital allowances purposes?
The First-tier Tribunal (FTT) recently considered whether a number of camping pods could qualify for the annual investment allowance. As with many similar cases, the answer was “it depends”. What can you learn from it?