HMRC has launched an updated Check Employment Status for Tax (CEST) service ahead of the extension of IR35 to the private sector in just 20 weeks. HMRC created the CEST service in March 2017 as the government cracked down on off-payroll working rules, known as IR35 in the public sector. The update issued this week … Continue reading HMRC launches updated CEST tool ahead of IR35 extension
With 100 days to go before the 31 January deadline, HM Revenue and Customs (HMRC) is reminding customers to complete their tax returns early to beat the Christmas and New Year rush. The HMRC has urged taxpayers to submit their returns early to avoid the stress of a last minute rush, after it received 2,000 … Continue reading The HMRC has urged taxpayers to submit their returns early to avoid the stress of a last minute rush!
Making Tax Digital has been removed from the Finance Bill 2017, as well as a majority of other tax measures such as corporate loss relief and the money purchase annual allowance for pensions
There are signs that the two committees scrutinising HMRC proposals for Making Tax Digital are planning to work together to push for more changes and a slower implementation of the current plans
As the auto enrolment duties have been extended to nearly 1.8 million small employers in 2016, micro firms are looking to their accountants to help them with the set-up process as many of them don’t h have the time or the resources to enrol employees themselves in to pension schemes. The Pension Regulator (TPR) was … Continue reading Auto Enrolment
On 25th November 2015, UK government announced a 3% SDLT supplement which came in to effect from 01st April 2016. If the buyer owns or partly owns two or more properties at the end of the day in which the transaction is completed (may be extended to a 14 day period), an additional 3% stamp … Continue reading Extra Stamp Duty on Second Home
