The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage.Continue reading
Covid-19 Personal taxes and finances
Number of late Self Assessment returns doubles, HMRC reveals
The number of taxpayers who failed to file their Self Assessment tax return on time has doubled, HM Revenue & Customs (HMRC) has revealed.
COVID-19: Payment holidays on credit cards, car finance and personal loans extended
Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.Continue reading