Inaccountancy Stockport
0161 456 9666

Miscellaneous

Experts Warning Over Insolvency Debts

16th October 2019 | Written by In Accountancy | Categories : Accounts, Business, Client Focus, HMRC, Miscellaneous, News, Tax
Experts Warning Over Insolvency Debts

Prioritising HMRC over other creditors in insolvencies will have a ‘negative impact on the UK’s economic growth’, experts have warned Chancellor of the Exchequer Sajid Javid. The warning was issued in a letter from 11 business organisations and insolvency experts
Read the full article…


Brexit-Readiness Events For Business

14th October 2019 | Written by In Accountancy | Categories : Brexit, Business, Client Focus, HMRC, local interest, Miscellaneous, News
Brexit-Readiness Events For Business

The Department for Business has launched a nationwide programme of events to help businesses prepare for Brexit. The free events are designed to provide free advice on a range of Brexit-related topics, including exporting, importing and employing EU citizens. Attendees
Read the full article…


Strong Customer Authentication

26th September 2019 | Written by In Accountancy | Categories : Business, Limited Companies, Miscellaneous, News, Uncategorized
Strong Customer Authentication

The Financial Conduct Authority (FCA) has agreed a plan to give the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA). From 14 September 2019, new European Union (EU) rules apply that impact how banks or payment
Read the full article…


Digital Services Tax

8th September 2019 | Written by In Accountancy | Categories : Accounts, Business, Client Focus, HMRC, Miscellaneous, Personal Tax, Self-Employed, Small Business Tips, Tax
Digital Services Tax

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users. However, this only applies when the group’s worldwide revenues from these
Read the full article…


Insolvency Hierarchy Changes

5th September 2019 | Written by In Accountancy | Categories : Accounts, Business, Client Focus, HMRC, Miscellaneous, Uncategorized
Insolvency Hierarchy Changes

From 6 April 2020, insolvency legislation will be amended to move HMRC up the creditor hierarchy for the distribution of assets in the event of insolvency by making HMRC a secondary preferential creditor in respect of certain tax debts held by a
Read the full article…


Off-Payroll Rules For The Private Sector

2nd September 2019 | Written by In Accountancy | Categories : Accounts, Business, Client Focus, HMRC, Miscellaneous, Pensions and Payroll, Self-Employed, Tax
Off-Payroll Rules For The Private Sector

The government has published the draft legislation for the next Finance Bill including the rules for off-payroll working in the private sector. The legislation is open for consultation until 5 September 2019. The new rules will apply from April 2020
Read the full article…


Updated Guidance On Spotting HMRC Scammers

30th August 2019 | Written by In Accountancy | Categories : Business, CASH, Client Focus, HMRC, Miscellaneous, News
Updated Guidance On Spotting HMRC Scammers

HMRC has updated their list of examples of websites, emails, letters, text messages, WhatsApp messages and phone calls used by scammers and fraudsters to obtain an individual’s personal information. The guidance can be used to help you decide if a
Read the full article…


Wage Growth at a High

29th August 2019 | Written by In Accountancy | Categories : CASH, Client Focus, HMRC, Miscellaneous, Personal Tax
Wage Growth at a High

Data published by the Office for National Statistics (ONS) has revealed that UK wage growth increased to 3.6% in the year to May 2019, the highest rate since the financial crisis in 2008. According to the ONS, wages have been
Read the full article…


Private Residence Relief Changes

27th August 2019 | Written by In Accountancy | Categories : Business, HMRC, Miscellaneous, Tax
Private Residence Relief Changes

The government published draft legislation for the next Finance Bill including draft clauses on the changes to Private Residence Relief (PRR). The draft legislation is subject to consultation which closes on 5 September 2019. Following consultation this Spring, changes are
Read the full article…


Working Parents May Be Eligible For Tax-Free Childcare This Summer

23rd August 2019 | Written by In Accountancy | Categories : Business, CASH, Client Focus, HMRC, HMRC, Miscellaneous, Self-Employed, Small Business Tips, Tax
Working Parents May Be Eligible For Tax-Free Childcare This Summer

The government is reminding working parents that they could ease this summer’s childcare costs by using Tax-Free Childcare (TFC). The scheme is worth up to £2,000 a year for each child and allows parents to save regularly for childcare costs.
Read the full article…