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Month: September 2019

Universities warned that students are vulnerable to tax scams

30th September 201930th September 2019 McGills

With universities across the UK welcoming new and returning students, HM Revenue & Customs (HMRC) has issued a warning about tax scams. Read More

Increasing number of pension savers hit by tax charges

27th September 201927th September 2019 McGills

An increasing number of people saving for retirement have been hit by tax charges for exceeding the amount they are allowed to put away tax-free. Read More

Businesses taking extra cash-flow measures ahead of Brexit

26th September 201926th September 2019 McGills

According to the latest research, small business owners are increasing the amount of cash they’re holding in current accounts ahead of Brexit. Read More

HMRC wins IR35 case against BBC presenters

25th September 201925th September 2019 McGills

HM Revenue & Customs (HMRC) has won an IR35 tribunal case against three BBC presenters at the High Court, which could have a significant impact on the broadcasting industry. Read More

Number of non-doms in the UK has fallen to a record low

23rd September 201923rd September 2019 McGills

According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low. Read More

Weakness in business investment reflects Brexit uncertainty, says accountancy chief

20th September 201920th September 2019 McGills

Business investment has “dampened” as entrepreneurs are left in the dark over Brexit, a new analysis has revealed. Read More

HMRC announces £16 million Brexit grant fund

18th September 201918th September 2019 McGills

HM Revenue & Customs (HMRC) has announced a £16 million fund for businesses to claim grants to cover Brexit related costs. Read More

120,000 businesses failed to meet the Making Tax Digital deadline

16th September 201916th September 2019 McGills

HM Revenue and Customs (HMRC) has revealed that 1.1 million businesses have now signed up for Making Tax Digital (MTD) and so far, 1.2 million VAT returns have been successfully submitted through the service. Read More

National Audit Office leads independent review of controversial Loan Charge

13th September 201913th September 2019 McGills

A major regulator will lead an independent review into the controversial Loan Charge scheme after concerns that taxpayers were “not ready” to face the penalty. Read More

More than 2,800 retail stores closed during first half of 2019

12th September 201912th September 2019 McGills

According to the latest industry research, around 16 shops are closing every single day on UK high streets as retailers look to restructure their businesses and adapt to increased levels of online shopping. Read More

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