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Basis period explained

Basis period explained

This week I’m looking at how HMRC changes to the tax basis period will affect self-employed traders and partners in trading partnerships; but I suspect that many of you reading this Blog will not have the foggiest of what the term ‘basis period’ actually means. Basis...
HMRC waiting times increase yet again!

HMRC waiting times increase yet again!

This is a subject that I’ve banged on about before, but whenever this subject has been brought up in the past, usually by the Commons Public Accounts Committee (PAC), HMRC have shed crocodile tears, promised to do better, but invariably any minor improvements they...