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Tax Advice

Clamp Down On Enablers Of Tax Avoidance Schemes

10th November 2019 | Written by In Accountancy | Categories : Client News, News, Tax Advice
Clamp Down On Enablers Of Tax Avoidance Schemes

HMRC says it is clamping down on the promoters and enablers of tax avoidance schemes in the wake of the loan charge controversy. Penny Ciniewicz, Director General of Customer Compliance at HMRC, told the Treasury Select Committee that HMRC is
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Christa Ackroyd Loses IR35 Appeal

7th November 2019 | Written by In Accountancy | Categories : Contractors, News, Personal Tax, Tax Advice
Tagged in: HMRC, IR35, taxation rules,
Christa Ackroyd Loses IR35 Appeal

Former BBC presenter Christa Ackroyd has lost her appeal against a ruling that she was an employee, not a freelance contractor, when she worked for the BBC via a personal service company.


HMRC Countdown: File Your Tax Return

6th November 2019 | Written by In Accountancy | Categories : Client News, Pensions and Payroll, Personal Tax, Small Business Advice, Sole Traders, Tax Advice
HMRC Countdown: File Your Tax Return

With less than 100 days until the self assessment tax return deadline of 31 January 2020, HMRC is urging taxpayers to complete their tax returns early, in order to avoid the last minute rush. HMRC report that last year more
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Annual Investment Allowance – why you need to plan ahead

5th November 2019 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Tax Advice
Tagged in: Business advice, Tax,
Annual Investment Allowance – why you need to plan ahead

Annual Investment Allowance – what is it and why does it matter? The Annual Investment Allowance (AIA)  is a 100 per cent upfront allowance that applies to qualifying expenditure up to the specified annual limit. The AIA is available for
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Tax Planning – What you should do if you run a profitable business, and when…

4th November 2019 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Sole Traders, Tax Advice
Tagged in: Tax,
Tax Planning – What you should do if you run a profitable business, and when…

If you are running your own business holding a pre-year-end tax planning meeting with your tax advisors should be high onyour to do list. Here’s why…


Independent Review Of The Loan Charge

27th October 2019 | Written by In Accountancy | Categories : News, Tax Advice
Independent Review Of The Loan Charge

The government has initiated a review of the Loan Charge and whether the policy is an appropriate way of dealing with disguised remuneration loan schemes used by individuals who entered directly into these schemes to avoid paying tax. Sir Amyas Morse,
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VAT Domestic Reverse Charge For Building And Construction Services Delayed

24th October 2019 | Written by In Accountancy | Categories : Client News, Construction Industry, Limited Companies, News, Small Business Advice, Tax Advice
Tagged in: CIS, supplier, VAT,
VAT Domestic Reverse Charge For Building And Construction Services Delayed

HMRC has announced a one-year delay to the introduction of the VAT domestic reverse charge for building and construction services. The reverse charge represents part of a government clamp-down on VAT fraud. According to the government, large amounts of VAT
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HMRC Collects Record Amounts Of IHT

19th October 2019 | Written by In Accountancy | Categories : Client News, Tax Advice
Tagged in: Government, HMRC, Tax,
HMRC Collects Record Amounts Of IHT

The government has announced that HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year. The increase comes on the back of a 15% rise in the number of estates liable for IHT.
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Experts Warning Over Insolvency Debts

16th October 2019 | Written by In Accountancy | Categories : Client News, News, Tax Advice
Tagged in: CIS, PAYE, small business, Tax, VAT,
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
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Inheritance Tax and Gifting Made Simple

13th October 2019 | Written by In Accountancy | Categories : News, Small Business Advice, Tax Advice
Inheritance Tax and Gifting Made Simple

How to ensure your children pay less inheritance tax, and don’t get caught out by your financial gifts. Inheritance tax is an area we are frequently asked about. It seems to be the last area which business owners and individuals
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Senior Clinicians’ Pensions Consultation

9th October 2019 | Written by In Accountancy | Categories : Client News, Pensions and Payroll, Tax Advice
Senior Clinicians’ Pensions Consultation

The government has launched a consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions. The proposals aim to offer senior clinicians more control over their pensions growth. The consultation follows reports that senior NHS
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HMRC Latest Guidance For Employers

24th September 2019 | Written by In Accountancy | Categories : Pensions and Payroll, Tax Advice
Tagged in: CIS, HMRC,
HMRC Latest Guidance For Employers

HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Class 1A liabilities payable on Termination Awards and Sporting Testimonial Payments Off-payroll working rules from April 2020 Disguised Remuneration Seasonal
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