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UK ‘tax gap’ falls to 5.7%

13th July 2018 | Written by In Accountancy | Categories : News
UK ‘tax gap’ falls to 5.7%

HMRC has confirmed that the ‘tax gap’ for 2016/17 has fallen to 5.7%. The ‘tax gap’ is the difference between the tax that should theoretically be paid to HMRC and the actual tax that has been paid. HMRC believes that the tax gap is lower as a result of its work to help taxpayers get things Read the full article…


Workers’ Rights for Pimlico Plumber

12th July 2018 | Written by In Accountancy | Categories : News
Workers’ Rights for Pimlico Plumber

Pimlico Plumber wins legal battle for workers’ rights A plumber has won a legal battle for working rights in a Supreme Court ruling. The Supreme court has backed up an earlier ruling by an Employment Tribunal in the case of a contractor engaged by Pimlico Plumbers. Plumber Gary Smith carried out plumbing jobs for Pimlico Read the full article…


An IN-terview with Avakino Limited

11th July 2018 | Written by In Accountancy | Categories : Client Interviews, News
An IN-terview with Avakino Limited

When Avakino Limited was established back in November 2015, we’re sure Managing Director, Ali Nowroozi didn’t quite realise the affect he was going to have on the people who require his services. Avakino design and create fashionable headwear called Masumi Headwear for those who are going through hair loss due to Cancer or Alopecia. To Read the full article…


HMRC Saves Public £2.4M by Stopping Fraudsters

11th July 2018 | Written by In Accountancy | Categories : HMRC, News
HMRC Saves Public £2.4M by Stopping Fraudsters

HMRC are putting a stop to fraudsters and have saved the public over £2.4 million so far. HMRC has announced that it has saved the public over £2.4m by tackling fraudsters that trick them into using premium rate phone numbers for services that HMRC provide for free. HMRC has reported that scammers create websites that Read the full article…


Latest Guidance for Employers

10th July 2018 | Written by In Accountancy | Categories : News, Pensions and Payroll
Latest Guidance for Employers

HMRC latest Employer Bulletin includes everything from P11D to CIS information HMRC have issued the latest version of the Employer Bulletin. The June edition has articles on a number of issues including: P11D and P11D(b) filing and payment deadlines benefits in kind with cash allowances, flexible benefit packages and salary sacrifice important information about childcare voucher Read the full article…


HMRC Extends RTI Late Filing Easement until April 2019

9th July 2018 | Written by In Accountancy | Categories : News, Pensions and Payroll
HMRC Extends RTI Late Filing Easement until April 2019

HMRC has extended the payroll Real Time Information (RTI) late filing easement until April 2019. Under RTI payroll obligations employers must submit details of payments made to employees on or before the day that wages are paid via a Full Payment Submission. The updated guidance extends the easement, introduced in April 2015 to April 2019. Read the full article…


IN Accountancy Extend Support to Their Chosen Charity

28th June 2018 | Written by In Accountancy | Categories : Charity, News
IN Accountancy Extend Support to Their Chosen Charity

IN Accountancy have been fundraising for their chosen charity, Francis House Children’s Hospice for many years and now they are promoting their new way to do so Supporting a charity is good for business, your employees and the local community. This is something we have always believed in at IN Accountancy. We get asked more Read the full article…


Gift aid donations and charity memberships are tax deductible

28th June 2018 | Written by In Accountancy | Categories : News, Uncategorized
Gift aid donations and charity memberships are tax deductible

Gift aid donations and charity memberships are tax deductible! Many higher rate taxpayers fail to reclaim tax relief on gift aid charitable donations and charity memberships. Here you will find out how easy it is to claim that tax relief. In order to reclaim the tax a gift aid declaration form needs to be completed. Gift Read the full article…


Off-Payroll Working in the Private Sector Consultation

23rd June 2018 | Written by In Accountancy | Categories : News, Pensions and Payroll

IR35 is already affecting the public sector and generating substantial additional income for the Government – HMRC legislation to rule this out to the private sector is now open for consultation. Have your say! HMRC has launched a consultation on how to tackle non-compliance with the off-payroll working rules in the private sector and are Read the full article…


IN-troducing Nick Whitehead

22nd June 2018 | Written by In Accountancy | Categories : IN Team, News
IN-troducing Nick Whitehead

Meet Nick – senior accountant and self confessed numbers geek! Nick joined the IN Team in February 2016 as a senior accountant, bringing his 18 years of accountancy experience to the team. Seldom seen without a big grin, it’s safe to say that Nick is a self confessed numbers geek – he even has an Read the full article…