HMRC offer tax support to growing businesses

HMRC have announced the introduction of a new service to directly help mid-sized businesses as they expand and grow. This is to be known as the Growth Support Service. According to HMRC there are approximately 170,000 mid-sized... Read Full Article...

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Making Tax Digital update

Over the summer HMRC published six consultation documents on Making Tax Digital. The six consultations set out detailed plans on how HMRC propose to fundamentally change the method by which taxpayers, particularly the self-employed and landlords, send... Read Full Article...

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Have you accessed your Personal Tax Account?

HMRC are advising employers that their employees may benefit from accessing their Personal Tax Account. These accounts allow taxpayers to view information about their tax affairs and advise HMRC online about changes that may affect the tax... Read Full Article...

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Contractors Monthly Returns

From April 2016 changes have been made to the Construction Industry Scheme (CIS). Part of the reforms were that contractors must file their monthly returns online. HMRC have introduced a number of improvements to the CIS online... Read Full Article...

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Banks and charities urged to do more to protect scam victims

The Chartered Trading Standards Institute (CTSI) has called for banks and charities to take greater responsibility for those who may be vulnerable to scams. The CTSI commissioned a report from Bournemouth University’s National Centre for Post Qualifying Social... Read Full Article...

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UK set to leave the EU

With the referendum votes counted and the United Kingdom vote to exit the European Union there will be many issues to consider. The CBI commented on the result of the referendum. Carolyn Fairbairn, CBI Director-General, said: ‘The... Read Full Article...

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Labour market statistics

The latest ONS labour market statistics show a 55,000 rise in employment in the three months to April 2016. The Office for National Statistics has announced that: ‘Between the 3 months to January 2016 and February to April... Read Full Article...

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Business rates

Business rates have been devolved to Scotland, Northern Ireland and Wales. The Chancellor has announced cuts on business rates for half of all properties in England from 1 April 2017. In particular the government proposes to: permanently... Read Full Article...

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Register of people with significant control

From April 2016, rules are introduced which require companies to keep a register of People with Significant Control (PSC). In addition, the details of PSC will have to be filed with Companies House from 30 June 2016.... Read Full Article...

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Year end tax planning

We are fast approaching the end of the tax year there is still time to save tax for 2015/16. We have set out some points you may want to consider. Review dividend payment timing – with new dividend... Read Full Article...

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