The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget. Read More
Month: October 2018
HMRC criticised for being ‘too aggressive’ to taxpayers
HM Revenue and Customs (HMRC) level of aggression towards taxpayers has shocked MPs. Read More
What happens if I have a capital gain?
Anyone who chooses to dispose of any ‘appreciating assets’ – such as commercial premises or a buy-to-let property – needs to be aware of Capital Gains Tax (CGT) and how it might affect the ‘disposal’ of such assets. Read More
Can you save by preparing for the January tax return deadline now?
Have you thought about the January tax return deadline? For the majority of self-employed workers who choose to file their annual return online, January still seems like a long time away. Read More
Lords committee warns of “huge under-preparedness” ahead of Making Tax Digital
With Making Tax Digital (MTD) for VAT due to be rolled out in less than six months’ time, Lords have warned that there is “overwhelming evidence” indicating that businesses are still “under-prepared.” Read More
Unexpected UK inflation in September causes pound sterling to fall
In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically. Read More
Don’t get “spooked” this Halloween, says ICAEW ahead of paper tax return deadline
With just a couple of weeks to go before Halloween, the Institute of Chartered Accountants in England and Wales (ICAEW) has urged taxpayers to avoid any unwanted frights this holiday season. Read More
Making Tax Digital for VAT pilot launched by HMRC
HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul. Read More
HMRC clamp down on late payments by seizing assets from businesses’
Recently, there has been a sharp increase in tax inspectors taking control of goods to settle bills with companies who cannot afford to pay with cash. Read More
82 per cent of SMEs are struggling to recruit top talent, survey finds
The vast majority (82 per cent) of UK small and medium-sized enterprises (SMEs) are struggling to recruit the right talent they need to help their business grow, a new study reveals. Read More