Consulting tax editor for Accountingweb.co.uk. I edit Bloomsbury's Tax Rates and Tables, Bloomsbury's MTD Tracker, and write newsletters for a number of other publishers.
HMRC has NOT extended the tax return filing deadline. It is waiving the late filing penalty for retruns submitted by 28 February. There is BIG difference, as all the elections and claims still need to be submitted by 31 Janaury.
What we don't want is more journalists in government! They only give us spin and click-bait headlines, not legislative changes that actually help people. That's eactly where we are with former journalists: Boris Johnson and Michael Gove.
We do need more competent business people in Parliament, whether they have accountancy training or not. The problem is a catch-22; if you are competent enough to run a business, handle detail under pressure, and understand how regulations affect peoples' lives, why would you quarter your income to become an MP?
Yes, they are individual taxpayers, so both husband and wife each need to report their share of the gain on thier own UK property account and on their own SA tax return.
Accountingweb should be careful with its headlines. Nothing makes me crosser than headlines in dailies which make sweeping claims to make the news understandable and punchy for its readers.
What didn't you like about the headline to this article?
Or was it another headline you are unhappy with?
My answers
I've fixed that typo
I've fixed the typos in that section. Does it make sense now?
ICAEW has now categorically stated that the fourth SEISS grant will be announced in the Budget Statement on 3 March 2021. https://www.icaew.com/insights/tax-news/2021/jan-2021/further-details-on...
HMRC has NOT extended the tax return filing deadline. It is waiving the late filing penalty for retruns submitted by 28 February. There is BIG difference, as all the elections and claims still need to be submitted by 31 Janaury.
What we don't want is more journalists in government! They only give us spin and click-bait headlines, not legislative changes that actually help people. That's eactly where we are with former journalists: Boris Johnson and Michael Gove.
We do need more competent business people in Parliament, whether they have accountancy training or not. The problem is a catch-22; if you are competent enough to run a business, handle detail under pressure, and understand how regulations affect peoples' lives, why would you quarter your income to become an MP?
Yes, they are individual taxpayers, so both husband and wife each need to report their share of the gain on thier own UK property account and on their own SA tax return.
I've corrected that year.
He should have lost his job, and been kicked out of ICAEW.
What didn't you like about the headline to this article?
Or was it another headline you are unhappy with?
I think you may be right Techie 5600. Its difficult to know for certain until we get some more guidance from HMRC, but I'll alter the example.