Deadline For 'Paper' Self Assessment Tax Returns For those individuals who have previously submitted 'paper' self assessment tax returns the deadline for the 2017/18 return is 31 October 2018. Returns…
Deliberate Tax Defaulters HMRC has published an updated list of deliberate tax defaulters. The list includes details of taxpayers who have incurred a penalty because they have either: deliberately provided…
Genuine HMRC Contact And Recognising Phishing Emails And Texts HMRC has updated their guidance on how to recognise when contact from HMRC is genuine and how to recognise phishing or…
HMRC Identify A Record £15.6 Million Minimum Wage Underpayments HMRC has announced that they achieved record enforcement results this year, identifying £15.6million of minimum wage underpayments.The number of workers identified…
Childcare Voucher Scheme After an earlier extension, the final date for new entrants to the Childcare Voucher Scheme is fast approaching. Eligible employees can still join the scheme if their first…
Specification for employer substitute forms P60 This guide gives information on how to design substitute forms P60, ‘End of Year Certificate’ which employers may use instead of the official form,…
Anti-money laundering supervision: discussion about fees MRC sets out the background in a discussion paper and asks you to respond to questions about the way it charges fees to the…
Genuine HMRC contact and recognising phishing emails and texts Find out how to recognise when contact from HMRC is genuine, and how to recognise phishing or bogus emails and text…
Making Tax Digital For VAT HMRC has published further information on Making Tax Digital for VAT (MTDfV). The VAT notice sets out some further details of the MTDfV regime, which…
Bank Of England Raise Interest Rate The Bank of England has raised the interest rate from 0.5% to 0.75%. The quarter of a percentage point rise sets the rate at…
P11D and P11D(b) Filing and Payment Deadlines The deadline for reporting any Class 1A National Insurance contributions (NICs) that you owe for the tax year ending 5 April 2018 needs…
Is Franchising For You? Franchises are becoming extremely popular in the world of business and majority of businesses you come across are likely to be franchise owned. A franchise simply…
Thinking of starting a new business? The fundamental first thought when starting up a business is the decision on how to structure your business. The structure of your business depends…
VAT reserve charge for construction services consultation HMRC proposes to introduce new VAT rules for construction services which are subject to consultation. HMRC has published a draft statutory instrument for…
HMRC Saves Public £2.4M By Stopping Fraudsters HMRC has announced that it has saved the public over £2.4m by tackling fraudsters that trick them into using premium rate phone numbers…
HMRC Extends RTI Late Filing Easement Until April 2019 HMRC has extended the payroll Real Time Information (RTI) late filing easement until April 2019.Under RTI payroll obligations employers must submit…
UK 'Tax Gap' Falls To 5.7% HMRC has confirmed that the tax gap for 2016/17 has fallen to 5.7%.The ‘tax gap’ is the difference between the tax that should theoretically…
Workers’ Rights Legal Battle Victory For Pimlico Plumber A plumber has won a legal battle for working rights in a supreme court ruling.The supreme court has backed up an earlier…
New rules on Tax and NI treatment of termination payments The rules on Tax and National Insurance treatment of termination payments changed on the 6th April 2018 however, awareness is…
Supporting financial services and fintech across the UK on the road to Brexit The chancellor will announce the appointment of two new regional fintech envoys as he visits financial centres…