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…
HMRC demands building contractors to charge themselves VAT As of the 1st October 2019, builders, contractors and other trades within the building industry will have to adjust to the new…
Construction Industry Scheme – Helpful Remnders For Subcontractors Here are some hints and tips for employers who also operate as a subcontractor.Payment and Deduction Statements When you receive payment from…
State Aid approval granted for the Enterprise Management Incentive It has previously been reported that the Enterprise Management Incentive State Aid approval lapsed on 6 April 2018. On 15 May…
Universal Credit And Self Employment The government has published a report called Universal Credit: supporting self-employment which considers the issues faced by self-employed claimants. The growth of self-employment has made…
Advisory Fuel Rates For Company Cars New company car advisory fuel rates have been published which take effect from 1st June 2018. The guidance states: ‘You can use the previous…
200,000 Receive Back Pay As HMRC Enforces National Minimum Wage BEIS and HMRC are urging underpaid working to complain about National Minimum Wage (NMW) underpayments. Recent figures show that the…
Tax Refund Scams Warning From HMRC HMRC has issued a warning to taxpayers regarding the latest tax refund scams. These scams are targeting individuals via email and SMS messages. HMRC…
GDPR Compliance Deadline Looms With less than one month until the introduction of the new General Data Protection Regulation (GDPR), the Federation of Small Businesses (FSB) is warning small and…
The Chancellor, Philip Hammond, has delivered the government's response to the forecast from the Office for Budget Responsibility in his Spring Statement on Tuesday 13 March 2018. GW Cox &…
'employing' self employed staff? With all the cost and responsibility of employing staff under PAYE and now pension costs, it is understandable that consideration is given to self-employed staff. However,…
Finance Secretary Derek Mackay delivered the 2018/19 Scottish Draft Budget on Thursday 14 December 2017 setting out the Scottish government's financial and tax plans. The Scottish government has the power…
The Scottish government announced that they will introduce a new Land and Buildings Transaction Tax (LBTT) relief for first-time buyers of properties up to £175,000. The relief will raise the…
The government has announced proposals to extend pensions auto enrolment to include younger workers and to amend the way in which contributions are calculated. According to the press release:'The review's…
With many individuals having tax payments to make at the end of this month it is important to be aware that HMRC have announced that they will no longer accept…