HMRC warn of phishing email scam

HMRC are warning taxpayers to be wary of the latest in a long line of email phishing scams that claims taxpayers have ‘made mistakes while completing their last tax form application’. HMRC have updated their list of... Read Full Article...

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Government wants suggestions for Budget 2015

HM Treasury is encouraging groups, individuals and representative bodies to submit their ideas for consideration in advance of Budget 2015. HM Treasury has also published guidance on the correct procedure for making a representation, which advises that ‘representations... Read Full Article...

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Pension wise

The government has announced the launch of ‘Pension wise’ which will offer free and impartial guidance to people on the new pension freedoms which comes into effect in April. Economic Secretary to the Treasury Andrea Leadsom has... Read Full Article...

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Strong demand for National Savings ‘pensioner bonds’

The National Savings & Investments website and helpline are experiencing a high volume of enquiries following the launch of their 65+ Guaranteed Growth Bonds which are being referred to as ‘pensioner bonds’. The bonds are available for... Read Full Article...

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Changes to the Construction Industry Scheme (CIS)

The government has announced that it will implement a package of improvements to the CIS. The stated aim of the changes is to reduce the administrative and related cost burden on construction businesses. The measures should result... Read Full Article...

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VAT and digital services

HMRC have issued some additional guidance for small businesses which supply digital services to consumers in other EU Member States. The guidance advises: how to comply with new VAT rules on the place of supply of digital... Read Full Article...

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1,773 ‘happy returns’ at Christmas

HMRC have reported that they received 1,773 online tax returns on Christmas Day, with the busiest time for online returns on 25 December between midday and 1pm, when 148 Yuletide returns were delivered electronically. Christmas Eve, which... Read Full Article...

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Holiday pay and overtime update

We have previously reported that in the judgment an Employment Appeal Tribunal (EAT) decided that holiday pay should reflect non-guaranteed overtime. Under the Working Time Regulations 1998 most workers are entitled to paid statutory annual leave. This... Read Full Article...

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Tax on the diverted profits dubbed the new ‘Google tax’

The government has published draft tax legislation to implement the new tax on diverted profits which has been referred to as the ‘Google tax’. The introduction of a new Diverted Profits Tax which was announced in the... Read Full Article...

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Solicitors’ Tax Campaign

Solicitors are being given the chance by HMRC to bring their tax affairs up to date or face tougher penalties, as part of a new tax campaign. The Solicitors Tax Campaign gives solicitors the opportunity to declare... Read Full Article...

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