Faster tax payments
Posted onHMRC are increasingly keen for everyone to pay their tax electronically.
Month: February 2012
Self assessment deadline and penalties
Posted onHMRC have announced that they will not impose late filing penalties on taxpayers who file their Self Assessment returns on 1 and 2 February 2012.
HMRC now able to accept faster payments
Posted onHMRC have announced that they are now able to accept payments made using the Faster Payments Service.
Planning moves before the big reduction in capital allowances
Posted onFrom April 2012, your business (whatever its size or area of activity) will only be able to claim 100% tax write-off on capital expenditure
Closing down your company
Posted onWhen the time is right to get rid of your limited company, whatever the reason may be, the most cost-effective way is to distribute the reserves.
PAYE tax codes
Posted onHMRC are issuing PAYE tax codes for 2012/13. These new coding notices, which are due to be issued between January and March 2012, will be used against employees pay from April 2012 onwards.
Gangmasters and temporary workers for the olympics
Posted onHMRC are warning employers who plan to take on more staff for the Olympic and Paralympic Games to check their ‘labour providers’.
2012/13 PAYE Notices of Coding
Posted onThese are now being issued, something that will continue throughout February and March. Previously, we received a copy automatically, but as a cost-cutting exercise this is no longer the case.
Agency workers regulations
Posted onUnder the Agency Workers Regulations, workers supplied by an agency become entitled to receive pay and basic working conditions.
Unemployment high
Posted onThe Office for National Statistics has released the latest employment statistics.
Request a call back