01983 614108

Recent IR35 case won by HMRC

by | May 4, 2020 | IR35

A report out a couple of days ago on Accounting Web about a recent IR35 case where the contractor lost. IR35 is a notoriously unpredictable battlefield – some cases HMRC win, some the taxpayer, and often its hard to see tangible distinctions.  In some cases its...

Vigilance – Heightened Number of Scams

by | Apr 27, 2020 | business issues

Sad news this morning, one of our clients has got caught on a pishing email, entering bank details thinking it was a genuine HMRC communication – perhaps not surprising when they were expecting a repayment. Please be vigilant – check and double check the...

Coronavirus SSP More Detail for Employers Published

by | Apr 17, 2020 | Covid19

Part of the Governments support for businesses during the Coronavirus disruption is the temporary ability for businesses with less than 250 employees to reclaim SSP from the Government. Normally SSP cannot be reclaimed, and its a cost to the business. Government have...

Coronavirus – Planning Self Assessment Payments

by | Apr 14, 2020 | Covid19

HMRC has announced a deferral of Self Assessment payments due in July 2020. The amount can, instead, be paid in January 2021. However is important to understand how Self Assessment will be impacted by Coronavirus, as its not straight forward.   Application This...

All change for landlords

by | Apr 9, 2020 | ACCA, property taxation

Make sure you’re aware of new CGT requirements and finance cost restrictions for residential properties. Capital gains tax (CGT) For UK residents, there is another change in payments of CGT for disposals made on or after 6 April 2020. Return and payment of CGT has to...

HMRC in £4.5bn compliance crackdown

by | Apr 7, 2020 | ACCA, budget

More staff and funding for tax compliance and investigations teams.  HMRC has been given the budget to increase compliance and investigation team headcounts by 1,300, with an expectation that they will raise an additional £4.5bn in tax by 2025, including measures such...