HMRC Collects Record Amounts Of IHT The government has announced that HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year. The increase…
pubexpertsOctober 1, 2019
HMRC Latest Guidance For Employers HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Class 1A liabilities payable on…
pubexpertsSeptember 1, 2019
PAYE Late Filing And Late Payment Penalties HMRC has confirmed that it will continue its risk-based approach to payroll Real Time Information (RTI) late filing and late payment penalties this…
pubexpertsSeptember 1, 2019
Simplify Apprenticeship Funding The Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to simplify the complexities of accessing apprenticeship funding. The Apprenticeship Levy took effect…
pubexpertsSeptember 1, 2019
Government Confirms Implementation Of Pensions Dashboards The government has confirmed that the initiative to introduce a pensions dashboard will go ahead. Pensions dashboards will allow those saving for retirement to…
pubexpertsMay 20, 2019
'Springtime' Tax Scams Target Young People HMRC has warned young people in the UK to 'stay vigilant' in order to avoid falling victim to 'Springtime' tax refund scams. Criminals often…
pubexpertsMay 20, 2019
Latest Guidance For Employers HMRC has issued the latest version of the Employer Bulletin. This April edition has articles on a number of issues including: Cash Allowances, Flexible Benefits Packages…
pubexpertsMay 20, 2019
VAT Fuel Scale Charges HMRC has issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period starting on or…
pubexpertsMay 20, 2019
Money Laundering HMRC has published a list of businesses that have not met their obligations under the Money Laundering Regulations. As a supervisor of the Money Laundering Regulations HMRC has…
pubexpertsMay 20, 2019
'Flexible Extension' To Article 50 Business groups, including the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI), have commented on the six-month 'flexible' extension of Article…
pubexpertsMay 20, 2019
Scottish Air Departure Tax Plans Further Delayed The Scottish government has further delayed its plans to replace Air Passenger Duty (APD) with Air Departure Tax (ADT). The plans to introduce…
pubexpertsMay 20, 2019
The way VAT is charged on construction services will change in October 2019. HMRC has introduced the Domestic Reverse Charge (DRC) as part of new anti-fraud rules to combat VAT…
pubexpertsMay 9, 2019
Reporting Benefits In Kind - Forms P11D The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2019,…
pubexpertsApril 9, 2019
MTD For VAT HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Under the new…
pubexpertsApril 9, 2019
Structures And Buildings Allowance Chancellor Philip Hammond delivered the Spring Statement on Wednesday 13 March 2019 amidst all the Brexit debates. In his speech the Chancellor provided an update on…
pubexpertsApril 9, 2019
The new tax year brings changes to income tax bands and allowances. The personal allowance is £11,850 for 2018/19 and increases to £12,500 for 2019/20. There is a reduction in…
pubexpertsApril 9, 2019
HMRC Advice - Prepare For No Deal HMRC is urging business owners to make sure they are ready for a potential no deal Brexit. Business owners are being urged to…
pubexpertsMarch 11, 2019
Start Date Looming For Making Tax Digital For VAT The Financial Secretary to the Treasury, Mel Stride, has made a statement to the House of Commons setting out HMRC's progress…
pubexpertsMarch 11, 2019
Tax Efficient Investments Ahead Of The Tax Year End With the end of the tax year looming there is still time to save tax for 2018/19. Make full use of…
pubexpertsMarch 11, 2019
