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News from InAccountancy

Our TaxApp is now even better!!

30th October 2013 | Written by In Accountancy | Categories : Contractors, News
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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
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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
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Planning your exit from the business

21st October 2013 | Written by In Accountancy | Categories : News
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As the old saying goes, there are only two ways you’re going to leave your business: you’re going to walk out, or you’re going to be carried out.


New Business Bank aims to increase lending to SMEs

14th October 2013 | Written by In Accountancy | Categories : News
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In July 2012, with Government support, the Bank of England launched Funding for Lending, a scheme which allows banks and building societies to borrow from the Bank of England at cheaper than market rates for up to four years. This
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‘Zero-hours’ contracts to come under parliament’s microscope

7th October 2013 | Written by In Accountancy | Categories : News
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Earlier this month, the parliamentary Scottish Affairs Committee decided to launch an inquiry into zero-hours contracts in Scotland, after hearing what it felt was ‘compelling evidence’ from the Unite union about zero-hours contracts being unfair, creating insecurity and exploiting many
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Is auto-enrolment coming to your small business?

1st October 2013 | Written by In Accountancy | Categories : News
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Workplace pension law has changed. Every employer has new legal duties to help their workers in the UK save for retirement. They must automatically enrol certain workers into a qualifying workplace pension scheme and make contributions towards it. A qualifying
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HMRC issue guidance on the Statutory Residence Test

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


RTI issue affecting student loan borrowers

26th September 2013 | Written by In Accountancy | Categories : News
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HMRC would like employers to be aware that they have identified an issue with some employees who have student loans.


Universal Credit criticised by NAO

25th September 2013 | Written by In Accountancy | Categories : News
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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
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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
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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
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New company car advisory fuel rates have been published which took effect from 1 September 2013. HMRC’s website states: