Changes to National Minimum Wage (NMW)

By | February 7th, 2019|Business, Uncategorised|

National Minimum Wage (NMW) and National Living Wage changes There is a dedicated unit within HMRC that chases down employers who don’t abide by every [...]

Brexit and VAT procedures in a ‘No deal’ scenario

By | February 7th, 2019|Brexit, Business, VAT|

VAT and Brexit It is looking increasingly likely that the UK will leave the EU (Brexit) without a withdrawal deal in place at 11pm on [...]

Directors Tax Return -HMRC Advice now changed

By | December 6th, 2018|Business, tax|

It has long been an irritation to accountants that HMRC insist all directors must register for self-assessment and complete a directors tax return, even if [...]

VAT MOSS changes passed

By | November 29th, 2018|Business, VAT|

The draft VAT MOSS regulations have now been passed. This means a de-minimise turnover threshold of £8,818 will apply to the VAT MOSS scheme from [...]

Budget Summary 2018-19 – the key points

By | October 29th, 2018|budget, Business, tax|

The state of the Economy As announced by the Prime Minister the Era of austerity is @finally coming to an end' the chancellor repeated. [...]

Making Tax Digital (MTD) is steaming ahead

By | October 18th, 2018|Business, Making Tax Digital (MTD), tax, Uncategorised|

It was rumoured that the Minister for HMRC had to decide this month whether the Making Tax Digital (MTD) project should be stopped, postponed, or [...]

Benchmark scale rates – checking requirement to be abolished

By | October 11th, 2018|Business, tax|

Employers can opt to reimburse qualifying subsistence expenses incurred by their employees when travelling for work using the benchmark scale rates set by HMRC. This [...]

Tax News Round-up March 2018

By | March 29th, 2018|Business, tax, Uncategorised|

NO MAJOR TAX CHANGES IN CHANCELLOR’S SPRING STATEMENT As announced last year, the Chancellor’s Budget will in future take place in the Autumn each [...]

Certificate of residence – DTA’s

By | March 15th, 2018|Business, tax|

Individuals and organisations which receive income or gains from other countries, typically pensions or royalties, may have overseas tax deducted from those payments unless they [...]

Termination Payments – are you up to date?

By | March 15th, 2018|Business, tax, Uncategorised|

Termination payments which are provided for in the employment contract are by definition paid under that contract, and are taxable. Payments in lieu of notice [...]

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