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Tag: Government

Increase In Probate Fees Abandoned

12th November 2019 | Written by In Accountancy | Categories : Client News, News
Tagged in: Government, HMRC,
Increase In Probate Fees Abandoned

The government has abandoned its planned increase in probate fees. The increase in fees was originally expected to take effect from 1 April 2019. However, in March 2019 HMRC postponed the introduction of the increase, attributing the delay to pressure
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Budget Will Not Now Take Place On 6 November

4th November 2019 | Written by In Accountancy | Categories : News
Budget Will Not Now Take Place On 6 November

On 25 October 2019 the Chancellor of the Exchequer Sajid Javid wrote to the Treasury Select Committee to confirm that the Budget will not now take place on 6 November 2019 as originally planned. You can read that letter here.


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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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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Brexit-Readiness Events For Business

14th October 2019 | Written by In Accountancy | Categories : Client News, News
Tagged in: Brexit, Government,
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
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‘Major Gaps’ In No-Deal Brexit Guidance

11th October 2019 | Written by In Accountancy | Categories : Client News, Limited Companies, News, Small Business Advice
Tagged in: Brexit, Government, UK,
‘Major Gaps’ In No-Deal Brexit Guidance

According to the British Chambers of Commerce (BCC) there are ‘major gaps’ in the government’s no-deal Brexit guidance for UK businesses. The BCC carried out a review of official government no-deal Brexit guidance for businesses, and found that 31 of
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Simplify Apprenticeship Funding

23rd September 2019 | Written by In Accountancy | Categories : Limited Companies, News
Tagged in: Government,
Simplify Apprenticeship Funding

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to simplify the complexities of accessing apprenticeship funding. The Apprenticeship Levy took effect from 6 April 2017 and changed the way in which apprenticeships are funded.
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Self-Assessment Deadlines

11th September 2019 | Written by In Accountancy | Categories : Client News, Personal Tax, Tax Advice
Self-Assessment Deadlines

Two self assessment deadlines are approaching: 5th October 2019 For those individuals who have not previously completed a tax return but need to report a liability for 2018/19. 31st October 2019 For those individuals who have previously submitted ‘paper’ self
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Digital Services Tax

8th September 2019 | Written by In Accountancy | Categories : Client News, Personal Tax, Small Business Advice, Tax Advice
Tagged in: Government, 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
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Off-Payroll Rules For The Private Sector

2nd September 2019 | Written by In Accountancy | Categories : Client News, Pensions and Payroll, Tax Advice
Tagged in: Accountancy, Government, HMRC,
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
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Updated Guidance On Spotting HMRC Scammers

30th August 2019 | Written by In Accountancy | Categories : Client News, News
Tagged in: Accountancy, Government, HMRC,
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
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Private Residence Relief Changes

27th August 2019 | Written by In Accountancy | Categories : Tax Advice
Tagged in: Government, HMRC, 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
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