News

Paper Self Assessment Returns for Tax Year 2018/19 to be filed by 31st October

October deadline for paper tax returns

October Deadline for Paper Tax Return Submissions

By David Redfern 8th October 2019

Taxpayers who are required to complete a Self Assessment tax return are being warned that a deadline for submission is rapidly approaching at the end of October. Taxpayers who need to submit a paper tax return for tax year 2018/19 must submit their Self Assessment return to HMRC by 31st […]

IR35 ruling against BBC presenters

BBC Ruling Shows IR35 Still Lacks Clarity for Freelancers and Contractors

By David Redfern 27th September 2019

Contractors and freelancers will be weighing up the latest implications surrounding IR35 legislation as three BBC presenters are left facing a combined tax bill of nearly £1 million after a court ruling in favour of HMRC. With IR35 due to be rolled out to private sector companies in April 2020 […]

Reverse VAT charge delayed for 12 months

Reverse VAT Charge Delay Welcomed

By DSR Tax Claims 19th September 2019

The decision by HMRC to delay the introduction of the reverse VAT charge for construction services until October 2020 has been welcomed by businesses across the construction industry. David Redfern, tax preparation specialist and Managing Director of DSR Tax Claims Ltd commended the government’s decision as a much-needed respite for […]

HM Treasury orders independent review into Loan Charge

Disguised Remuneration Loan Charge Review Welcomed

By David Redfern 12th September 2019

Government Announce Review into Loan Charge Levied on Tax Avoidance Schemes HM Treasury yesterday announced that it was launching an independent review into the controversial Loan Charge which was intended to tackle a particular form of tax avoidance. Impacting upon self-employed contractors across a range of industry sectors including business […]

Money laundering in foreign exchange

Businesses Face HMRC Crackdown on Money Laundering

By David Redfern 5th September 2019

HMRC Anti-Money Laundering Action Results in Record Fine for Money Services Business Companies which are required to adhere to strict anti-money laundering (AML) regulations have been advised to check their procedures and improve where necessary after HMRC handed down its largest fine to date to a London money services business […]