Weekly Catch Up | 31st May
In this week's catch up, @Martin Wardle and @Jack Spoor talked about: - HMRC have announced there will be less tax payers submitting tax returns going forward as they increase the amount you can earn before you have to submit a return. - The implications of being an unreliable witness in a tax tribunal hearing, the importance of keeping basic records and the difference between choosing to incur an expense and needing to. - A business that has possibly missed out on the ability to deduct expenses and claim R&D tax credit relief. - A move by HMRC to require evidence that your tax affairs are up to date before licences will be issued by government bodies and where this could end up - taxis for now, landlords next? Click here to watch in the classroom: #Weekly Catch Up | 31st May