Students – claiming a tax refund
on 18 September 2018
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The Low Incomes Tax Reform Group (LITRG) is reminding students who have been working over the summer to make sure … Read More
HMRC update guidance on paying the Apprenticeship Levy
on 5 September 2018
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HMRC have updated guidance on how to allocate the apprenticeship levy allowance across multiple PAYE schemes and/or connected companies and … Read More
Government outlines VAT implications if no Brexit deal
on 3 September 2018
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The Government has set out the VAT implications for businesses in the event of a “no-deal” Brexit. For most UK … Read More
Opting out of auto-enrolment pensions
on 24 August 2018
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The Low Incomes Tax Reform Group (LITRG) has published a technical news article about opting out of a workplace pension. … Read More
HMRC late payment interest rates revised
on 23 August 2018
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On 2 August 2018, the Bank of England Monetary Policy Committee voted unanimously to increase the Bank of England base … Read More
Plans for vaping ‘sin tax’ under challenge
on 22 August 2018
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Suggestions that the government is planning a new ‘sin tax’ on vaping, in order to raise an additional £40m in … Read More
Potential new type of sole enterprise
on 21 August 2018
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The Office of Tax Simplification (OTS) is calling for further work on the potential for a new form of trading … Read More
HMRC publish guidance on pension savings annual allowances
on 17 August 2018
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If pension savings are more than the annual allowance, unused annual allowances from previous years can be brought forward. The … Read More
Restrictions on “rent-a-room” relief from April 2019
on 16 August 2018
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Currently rent-a-room relief gives relief from income tax for up to £7,500 of gross rental income to individuals who let … Read More
Ask Alexa to contact HMRC for help
on 15 August 2018
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HMRC has launched new and innovative technology to help more than 3 million customers renew their tax credits. HMRC has … Read More