Revenue tests new trigger to increase the accuracy of PAYE codes
HM Revenue & Customs (HMRC) is trialling a new trigger, which is intended to improve the accuracy of employees’ PAYERead more.
New code launched to help protect victims of sophisticated banking fraud
A new code has been launched by 17 UK banks to protect customers who fall victim to a sophisticated formRead more.
EIS and SEIS tax relief funding passes £2.1 billion
A rise over the course of the 2017-18 tax year saw funding for the Enterprise Investment Scheme (EIS) and SeedRead more.
Significant lack of awareness around gifting rules for IHT
A new report published by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS) hasRead more.
MTD for VAT – relaxation on posting supplier statements
HM Revenue & Customs (HMRC) has updated its VAT notice regarding Making Tax Digital (MTD) for VAT to relax severalRead more.
Government confirms that HMRC will get a higher priority when firms go bust
From April next year, HM Revenue & Customs (HMRC) will rank third just after secured creditors, such as banks, andRead more.
Tax implications of working from home
Advice for contractors and the self-employed. Working from home offers all kinds of benefits, from the opportunity to create theRead more.
Government urged to introduce stamp duty tax break for downsizing
The Government is facing calls to announce a stamp duty holiday for homeowners who seek to downsize. Saga polled 2,000Read more.
Registering for Making Tax Digital for VAT takes seven days, warns HM Revenue & Customs
HM Revenue & Customs (HMRC) has warned businesses across the UK that the registration process for Making Tax Digital (MTD)Read more.
IR35: off-payroll working rules set to change next year
HM Revenue & Customs (HMRC) has published new guidance on the expansion of the IR35 requirements to contractors working inRead more.
Additional year to prepare for Making Tax Digital for taxes other than VAT
The Chancellor’s Spring Statement contained an important nugget of information for businesses that had been wondering when they will needRead more.
Employers must comply with new payslip rules
Under the Government’s Good Work Plan, more than 300,000 workers have received a payslip for the first time under newRead more.
Beware the Employer Compliance Check Questionnaire
HM Revenue & Customs (HMRC) is understood to be sending out “Employer Compliance Check Questionnaires” without notifying agents, which couldRead more.
Accounting for charities
An overview of accountancy issues in the third sector. If you’re in charge of running a charity, you will knowRead more.
Businesses get to grips with new employment costs
Employers across the UK are starting April with a sudden increase in employment costs following a rise in workplace pensionRead more.
Invoice fraud cost UK firms £93 million last year
A recent survey conducted by UK Finance revealed that more than four in 10 UK businesses are unaware of theRead more.
Tax-free HMRC scheme assists families with childcare costs
A Government scheme set up by HM Revenue & Customs (HMRC) is advising parents to apply for the Tax-Free ChildcareRead more.
UK SMEs hit by £17.4 billion cybercrime bill in 2018
New research from internet service provider, Beaming, has revealed that in 2018 UK small and medium-sized enterprises (SMEs) were affectedRead more.