Chartered Accountants & Tax Advisers in Weybridge, Surrey
November 2011
HMRC have for many years notified individuals of their National Insurance number (NI No) for the first time by sending them a plastic NI No card. Last year, as part of the Government’s Spending Challenge, it was announced that HMRC … Continue reading
November 2011
HMRC have updated their guidance on employers helping with childcare costs. Leaflet IR155 which sets out the circumstances and the amounts of tax and National Insurance (NI) free childcare costs that an employer may provide has been updated. The update … Continue reading
November 2011
HMRC have issued a ‘Guide to Importing & Exporting – Breaking down the Barriers’. According to the introduction to the lengthy document: ‘This information pack is for anybody, whether already in business or not, who wishes to bring goods into … Continue reading
October 2011
HMRC have confirmed that reports of fraudulent ‘phishing’ emails have risen by 300% over the past year. The figure for August 2011 was 24,000. HMRC are currently helping to shut down around 100 scam websites a month. They are stressing … Continue reading
October 2011
From October 2011 the late submission Construction Industry Scheme monthly returns will result in revised penalties. The penalties are as follows: a basic penalty of £100 for failure to meet due date of the 19th of the month where the … Continue reading
October 2011
HMRC have published a Gift Aid and Payroll Giving guide for School Charities. The guide contains information and simple examples specifically related to funds received by school charities to help make the most of these donations and identify what qualifies … Continue reading
October 2011
HMRC are reminding individuals and businesses about new Self Assessment penalties for late returns and late payments, which come into effect this autumn. The changes will apply to Self Assessment returns for 2010/11 which must be submitted by 31 January … Continue reading
October 2011
The latest unemployment figures show the number of people out of work rose by 80,000 to 2.51 million in the three months to July 2011. Neil Carberry, CBI Director for Employment Policy, said: ‘This rise in unemployment is troubling, particularly … Continue reading
October 2011
The government has agreed measures with Switzerland to tackle offshore tax evasion. Under the terms of an agreement, existing funds held by UK taxpayers in Switzerland will be subject to a significant one-off deduction of between 19% and 34% to … Continue reading
October 2011
New company car advisory fuel rates have been published to take effect from 1 September 2011. HMRC’s website states: ‘These rates apply to all journeys on or after 1 September 2011 until further notice. For one month from the date … Continue reading
