Clients may be interested to know that HMRC have introduced a new schedule of fees, which apply from 1 April 2016, and replace the former 1.5% fee. The new rates vary depending on the type of card used and whether the card is a personal or corporate card. Read More...
HMRC consultation on fulfilment house due diligence
Further to the Budget 2016 announcement, HMRC have published a consultation document covering proposals to introduce a fulfilment house due diligence scheme. Read More...
New student loan plans take effect
Repayment of student loans is a shared responsibility between the Student Loans Company (SLC) and HMRC. Employers have an obligation to deduct student loan repayments in certain circumstances and to account for such payments Read More...
Companies to be liable for employees who facilitate tax cheating
The Government has recently announced that it is to bring forward plans to introduce a criminal offence for corporations who fail to stop their staff facilitating tax evasion. Read More...
May Questions and Answers
Q1. How do I work out my share of a capital gain? I owned a quarter share in a property that was sold in 2015. Read More...
May Key Tax Dates
2 - Last day for car change notifications in the quarter to 5 April - Use P46 Car Read More...