Simple Assessment
HMRC have changed the way in which they will assess some taxpayers removing the need for these individuals to complete a Self Assessment Tax Return. These changes took effect from…
Blog Posts
Welsh Land Transaction Tax
The Welsh Assembly has announced the proposed rates and bands for land transaction tax (LTT) which is to be introduced for land and property in Wales on 1 April 2018,…
Scottish Budget Proposals
On 14 December, the Scottish Budget will set out the Scottish Government’s financial and tax plans. Currently taxpayers who are resident in Scotland pay income tax on their non-savings and…
Criminal Finances Act
The Criminal Finances Act 2017 took effect on 30 September 2017. It makes companies and partnerships, a ‘relevant body’, criminally liable if they fail to prevent the facilitation of tax…
Help To Save Accounts
The government have announced details of a new Help to Save saving scheme. The scheme is government backed and designed to support working people on low incomes build up their…
New Guidance For Employers
HMRC have issued the October 2017 Employer Bulletin which contains a number of articles relevant to employers on payroll related issues. HMRC are advising that following the changes to the…
Get Ready For The New Data Protection Rules
The government is to introduce new data protection rules under the General Data Protection Regulation (GDPR) which takes effect from 25 May 2018. Under the GDPR, businesses will have…
Advisory Fuel Rates For Company Cars
New company car advisory fuel rates have been published which took effect from 1 September 2017. The guidance states:’You can use the previous rates for up to one month from the…
Hmrc Online Forum And Webchat
HMRC have announced the introduction of a new online tax forum and webchat service for small businesses. HMRC are advising that the new service called the Small Business Online…
Guidance For Employers
HMRC have issued their latest guidance to employers in the August edition of the Employer Bulletin. This publication, which is issued every two months, includes articles on: Reporting Pay As You Earn…
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