30th May 2017 11:53 am
Members of the public play an important role in helping HMRC clamp down on tax fraud and tax evasion. HMRC has just made it easier to report suspected fraud by launching a hotline which is open seven days a week from 8 am until 8 pm, 365 days a year.…
8th May 2017 11:29 am
The start of the new financial year was a frustrating time for accountants. First, HMRC’s online services crashed on 6 April and, by 10 April, all their online services were down. Secondly, Companies House used the Easter weekend to undertake maintenance work on their online systems. With both services unavailable,…
27th April 2017 16:11 pm
Do you run a small business and pay VAT at an agreed percentage rate on the flat rate scheme (FRS)? Did you know that from 1 April 2017, there will be a new VAT rate of 16.5% for businesses which have low purchases of goods in an accounting period? Businesses…
22nd December 2015 11:41 am
On 9th Dec 2015, the government confirmed its intention to amend the Travel & Subsistence legislation by introducing two new sections 339A and 688B into the Income Tax Earning & Pensions Act (ITEPA). The amendments will come into effect from April 2016. These amendments will mean that most of the…
18th December 2015 11:35 am
With the announcement of the amendments to the Travel & Subsistence legislation with the introduction two new sections 339A and 688B into the Income Tax Earning & Pensions Act (ITEPA), the landscape for the Umbrella Companies as we know is set to change. With these amendments, from April 2016 most…
