Blog


HMRC launches new customs service

Businesses trading internationally can now use the first iteration of the new Customs Declaration Service (CDS). (more…)

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Blog, HMRC, Tax, Tax Blog
Posted on: 17th August 2018

Calls for SMEs to ‘go cashless’

Small and medium-sized enterprises (SMEs) are facing mounting pressure to ‘go cashless’ and adopt new payments technology in order to keep up to speed with…

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Blog, Business Blog
Posted on: 16th August 2018

More than half of UK landlords are optimistic about outlook for buy to let market

A new survey has found that over half of landlords in the UK feel optimistic about the buy to let…

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Blog, Property, Tax
Posted on: 15th August 2018

Record high of £14.6bn paid in corporation tax by UK financial services sector

The UK financial services (FS) sector paid a record high of £14.6 billion worth of corporation tax (including Bank Levy)…

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Blog, Corporate Finance, Tax, Tax Blog
Posted on: 13th August 2018

Have you used your unused pensions annual allowance?

HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance. (more…)

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Blog, HMRC, Pension
Posted on: 13th August 2018

AAT calls on Government to reconsider proposed Rent a Room tax relief changes

The Association of Accounting Technicians (AAT) has called on the Government to rethink its proposals to reform Rent a Room tax relief, amid concerns that…

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Blog, HMRC, Tax, Tax Blog
Posted on: 9th August 2018

The professions that pay the most income tax revealed

Bankers and insurance brokers face a bigger income tax burden than ever before, accounting for more of the Governments largest source of tax revenue than any other industry. This is…

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Blog, HMRC, Tax, Tax Blog
Posted on: 8th August 2018

Reminder on changes to Corporation Tax notices

On 19 September 2016 HM Revenue & Customs (HMRC) decided to stop sending out paper copies of several important documents relating to Corporation Tax. Despite…

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Blog, News, Tax
Posted on: 8th August 2018

Taxpayers warned of Requirement to Correct as deadline approaches

Taxpayers with undeclared offshore tax liabilities, including Income Tax, Capital Gains Tax or Inheritance Tax, are obligated to disclose these liabilities to HM Revenue &…

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Blog, News, Tax
Posted on: 8th August 2018

More than 100,000 first-time buyers benefit from Stamp Duty Land Tax reforms

HM Revenue & Customs (HMRC) has published data which reveals that more than 100,000 first-time buyers have benefited from Stamp Duty Land Tax (SDLT) reforms announced at the last Budget. During the period until 30…

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Blog, News, Property, Tax
Posted on: 8th August 2018

MTD for VAT clarified in new communication from HMRC

HM Revenue & Customs (HMRC) has finally issued a new notice on Making Tax Digital for VAT in which it…

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Blog, News, Tax
Posted on: 8th August 2018

HMRC collects more than £30 billion worth of extra tax in last financial year

New figures from HM Revenue & Customs (HMRC) have revealed that the tax authority brought in a total of £605.8 billion in the year to April 2018 – an increase of nearly £30 billion on…

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Blog, HMRC, News, Tax
Posted on: 8th August 2018

Tens of thousands of fake HMRC websites taken down

Figures published by HM Revenue & Customs (HMRC) show that 20,750 malicious websites have been taken down over the last year – 29 per cent…

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Blog, HMRC, News
Posted on: 8th August 2018

Documents reveal HMRC plans to secretly access bank account information

Documents published online have revealed HM Revenue & Customs’ (HMRC) plans to secretly access bank account information. The planned new powers come in the form of information orders, which are used by the Revenue to…

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Blog, HMRC, News
Posted on: 8th August 2018

Small businesses anticipating strong growth over next two years

UK small and medium-sized enterprises (SMEs) are expecting growth of up to 40 per cent over the next two years,…

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Blog, Business, Business Blog
Posted on: 6th August 2018