Out of the blue, a text or phone call claiming to be HMRC. It threatens legal action over your tax, or tells you your […]
Construction industry tax compliance
New change raises the bar for gross payment status (GPS). GPS allows subcontractors to be paid gross under the construction industry scheme (CIS), without […]
Retirement and pensions round-up
A recent survey by the Money and Pensions Service (MaPS) found that more than half of people don’t know what happens to their pension […]
Doing business after Brexit
Leaving the EU has meant new rules and procedures when importing and exporting goods. With major regulatory changes still taking place, what comes next? […]
Making Tax Digital: remodelled and going ahead
Autumn Statement 2023 has confirmed the start dates for Making Tax Digital for Income Tax (MTD ITSA). In outline, MTD ITSA involves keeping digital […]
Cash basis change means choice for unincorporated businesses
Rules extending use of the cash basis to calculate trading profits need consideration now. At present, accounts for the self-employed and partnerships are taxed […]
HMRC pay by bank account service
HMRC is offering a new facility as part of its pay by bank account service. Previously, payment has been required at the same time […]
Employer advice ahead of major change for payroll
Forthcoming changes highlight the need for employers to deal confidently with the underlying rules. Know the rules, not just the rates, with the minimum […]