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Rossen Reports: Do this to avoid tax penalties this year

Transcripts for BBCNEWS BBC News at One 20240604 13:08:00

all about, to try to incentivise some sectors to keep people for longer, with a particular eye to doctors and clinicians. ministers are worried that too many of them are worried that too many of them are seeing working for longer as a disincentive, because of the tax penalties that they are facing. so, there s that. i think that conservative mps who were hoping for tax cuts are going to be bitterly disappointed. in fact, tax cuts are going to be bitterly disappointed. infact, corporation tax is going to go up, as planned. there might be some tax incentives for bigger companies to invest in the uk, to try to persuade some of those tory mps. that s because the big plan, orthe big those tory mps. that s because the big plan, or the big priority, those tory mps. that s because the big plan, orthe big priority, i should say, that the chancellor has is getting inflation under control. that is his number one thing, the thing that this government thinks it is going to bejudged on. he is hoping

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Supreme Court decides two big tax cases

Transcripts for BBCNEWS BBC News at One 20240604 13:10:00

it is all overshadowed by personalities? it is all overshadowed by personalities? yes, jane, as ministers personalities? yes, jane, as ministers sit personalities? yes, jane, as ministers sit around - personalities? yes, jane, as ministers sit around that. personalities? yes, jane, as l ministers sit around that table round about now, they want to talk about how they turn their fortunes around in the polls. but the backdrop is pretty difficult for rishi sunak. because those questions that have been swirling around westminster all week are not going away. let s take nadhim zahawi, the tory chairman, first. his hands are largely tied by the investigation that s going on from the pm s ethics adviser. but another intervention this morning that is going to be pretty difficult for mr zahawi. remember, we know, he paid a penalty to settle a tax bill. the head of hmrc, the taxman, has been giving evidence to mps this morning and he says, i can t talk about mr zahawi s case, but you don t

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What happens if you miss a tax deadline for a client?

What are the consequences for the service provider and client? And what is the protocol for fixing those types of mishaps?

California
United-states
California-secretary
California-franchise-tax-board
Tax
Tax-penalties
Irs
State-taxes

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