The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022.
HMRC have recently announced that provided 2020/21 tax returns are received by the end of February, the late filing penalty will not be applied. Filing late will, however, extend the period during which HMRC may open an enquiry into your return.
On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review.
HMRC have recently confirmed that they will be bound by CEST results provided the information is accurate and it is used in accordance with their guidance.
Reimbursed expenses no longer need to be reported where they are incurred wholly, exclusively and necessarily in the performance of the employee’s duties.