Big news for all limited companies. From the 4th March, Companies House, the UK's company registrar, is bringing in changes in respect of an update to the Economic Crime and Corporate Transparency Act. The main change is that all companies will need to have a...
This week, Chancellor Jeremy Hunt presented his Autumn Statement with the underlying message that inflation is falling and public finances are stabilising, so focus is now being applied to reducing debt, cutting tax and rewarding hard work. If you want some bedtime...
Yesterday, Chancellor Jeremy Hunt presented his Autumn Statement with the underlying message that inflation is falling and public finances are stabilising, so focus is now being applied to reducing debt, cutting tax and rewarding hard work. HEADLINES National...
Tax Administration & Maintenance Day April 27th saw the second Tax Administration and Maintenance Day when HMRC announced a package of policy proposals to modernise the tax system. HMRC are consulting on a range of reforms including cryptoassets, construction...
It is normally possible to make voluntary National insurance contributions for the past six tax years, to top up any missing or partial years of a taxpayer’s NI record. If a taxpayer does not have enough full years of NI contributions, this may increase their...
HMRC have announced a new online service for applying for, submitting, amending or cancelling a PSA. But what is a PSA and what is it used for? A PAYE Settlement Agreement (PSA) is an agreement between an employer and HMRC that allows an employer to settle the tax...