Pure Accounts Management LTD Blog

HMRC highlights online support for small businesses to help them understand their tax responsibilities

If you’re selling unwanted items online there is no new tax rule.

There are no new tax obligations for people selling services or unwanted items online as platforms start sharing sales data with HMRC from January 2025.

Attending the IPA’s personal insolvency conference, the Insolvency Service set out its continuing work with regulators to improve support for people with debt.

The personal injury discount rate (PIDR) in England and Wales has been updated. The PIDR is used to determine damages awards to people with long-term injuries.

HMRC is reminding Self Assessment customers to be alert to potential scams and fraudsters ahead of the filing deadline on 31 January 2025.

HMRC interest rates for late payments will be revised following the Bank of England interest rate cut to 4.75%.

HMRC is reminding people to download the HMRC app to access HMRC services such as Child Benefit and their National Insurance number.

Office for Value for Money will place value for money at the heart of government spending decisions.

We are raising the living wage, expanding the Help to Save scheme and limiting reductions to Universal Credit awards.

A new insurance fraud charter was announced at the latest Joint Fraud Taskforce meeting.

Self Assessment customers encouraged to prepare and file their tax return early as 31 January deadline is in sight.