How to complete a bank and building society interest return
HMRC requires UK banks and building societies to annually submit information about interest paid or credited.Schedule 23 of the Finance Act 2011 places a legal obligation on you to submit…
Finance Bill 2024-25: Report Stage
The government tabled the following amendments for the Report Stage of Finance Bill 2024-25. These are accompanied by the following explanatory notes:Amendments 1 to 4 to Clause 26: Additional relief…
Calculation of interest: The reckonable date
VDIM5030 - Calculation of interest: The reckonable dateThis guidance deals with interest matters in respect ofprescribed accounting periods starting on or before 31 December 2022.Interest matters with effect from 01…
Value Added Tax (VAT) annual statistics
Publication schedule and announcementsVAT receipts from April 2022 to March 2024 will be revised on 23 April 2025 as per the announcement here.Revised receipts figures will be available in the…
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