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HMRC announce another disclosure facility

4th November 2013 | Written by In Accountancy | Categories : Contractors, News

HMRC have launched yet another disclosure facility, the Health and Wellbeing Tax Plan, which runs from 7 October 2013 to 6 April 2014 and is aimed at physical therapy, alternative medicine or therapy and other therapy. Notification is required by 31 December 2013 and disclosure and payment by 6 April 2014. If you have any concerns in this area please Read the full article…


HMRC announcements for employers

1st November 2013 | Written by In Accountancy | Categories : Contractors, News

The latest Employer Update issued by HMRC contains a number of pertinent articles which may be of interest to employers and employees:


Transferable Tax Allowance for some

31st October 2013 | Written by In Accountancy | Categories : Contractors, News

The government has announced that from April 2015 married couples and civil partners may be eligible for a new Transferable Tax Allowance. The Transferable Tax Allowance will enable spouses and civil partners to transfer a fixed amount of their personal allowance to their partner. The option to transfer will be available to couples where one partner is a basic rate Read the full article…


Our TaxApp is now even better!!

30th October 2013 | Written by In Accountancy | Categories : Contractors, News

We have updated our TaxApp to support Apple’s recent iOS7 release and made improvements to the layouts for Android users to make our TaxApp even easier to use.


PAYE Online

30th October 2013 | Written by In Accountancy | Categories : News

HMRC intend to introduce a new online service for taxpayers who use PAYE to pay tax via their employer in April 2014. Features of the new system include enabling individuals to update a range of their benefits in kind online so they can keep their tax code up to date.


HMRC issue guidance on the Statutory Residence Test

27th September 2013 | Written by In Accountancy | Categories : Contractors, News, Uncategorized

HMRC have issued some updated guidance on the Statutory Residence Test which took effect from 6 April 2013. Residence is a complex issue, if you would like any advice in this area please do get in touch.


Universal Credit criticised by NAO

25th September 2013 | Written by In Accountancy | Categories : News

The implementation of the Government’s welfare reform programme, Universal Credit, has been criticised in a report by the National Audit Office (NAO).


HMRC chase those who have missed RTI deadlines

23rd September 2013 | Written by In Accountancy | Categories : Contractors, News

HMRC are writing to the 167,000 employers who have missed one or more of the deadlines for reporting their PAYE information in real time.


Data payment crackdown

20th September 2013 | Written by In Accountancy | Categories : Contractors, News

HMRC have announced that for the first time they now have access to information on all credit and debit card payments to UK businesses. HMRC intend to use this information to aid them in a new crackdown on tax evasion.


Advisory fuel rates for company cars

19th September 2013 | Written by In Accountancy | Categories : Contractors, News

New company car advisory fuel rates have been published which took effect from 1 September 2013. HMRC’s website states: