The new £2,000 “employment allowance” that provides relief from paying employers NIC on the first £2,000 of contributions starts on … Read More
Keep in mind that for every £2 that your adjusted net income exceeds £100,000 the £9,440 personal allowance is reduced … Read More
HMRC plans to implement two new services granting greater control to directors and employees over their tax codes. 1) Directors … Read More
HMRC have announced that the penalties for late RTI returns will now come into force from October 2014 instead of … Read More
HMRC have released an updated version of the Tax Residence Indicator tool, which helps individuals check whether they are likely … Read More
The current £5,000 limit for cheap or interest free loans to directors and employees will increase to £10,000 from 6 … Read More
HMRC’s local compliance teams’ investigations of the transfer pricing arrangements of medium-sized firms has brought in a record breaking £235m of … Read More
Make your investments before 6 April 2014 to make the most of your 2013/14 ISA allowances. Your maximum annual investment … Read More
Accountancy firms should be prepared for HMRC to ramp up significantly its efforts to close the VAT gap, following the … Read More
The annual pension allowance reduces to £40,000 from 6 April 2014. Take advantage now of the pension carry forward rules … Read More