Client Newsletter

The benefits of business protection

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Every successful business has a strategy and a plan for the future and while this almost certainly takes into account the growth and direction of the company, it should also include business protection too. Although no-one expects to encounter problems when they start a business, this does not mean that they will not arise at […]

Press Room

Proceed with caution on pension withdrawals, savers urged

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People who will benefit from greater freedom in accessing pension savings have been urged to seek expert advice if they are thinking about withdrawing significant sums. From April 2015, major changes to pension rules will enable pension savers to access all their defined contribution savings as they wish from the point of retirement, from age […]

Press Room

Over-45s ‘confused’ by care funding

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Almost two-thirds of over-45s say they find the issue of care funding confusing, according to new research. The latest Third Care Index from Partnership, which provides retirement financial products, including care annuities, found that 61 per cent of over-45s admitted that they found the subject confusing. The research, published on 7 August, also found that […]

Press Room

First-time buyers’ confidence grows

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New research suggests that a new wave of first-time buyers is set to enter the UK housing market. The website www.unbiased.co.uk, which enables consumers to find professional advisers, published its First Time Buyer Confidence Index on 18 August, which found that nearly four in five (78 per cent) first-time buyers were confident of getting a […]

Business News

HMRC to issue penalties for late submission of PAYE returns

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In the latest Employer Bulletin HMRC are warning that employers’ who fail to submit their PAYE submissions, Full Payment Submission (FPS) or where appropriate Employer Payment Summary (EPS) on time will face penalties. The penalties are being introduced from October 2014. Penalty notifications will be issued on a quarterly basis. Please do get in touch […]

Business News

HMRC warn of incorrect RTI letters

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HMRC have warned that incorrect RTI letters have been issued. The full statement reads: ‘We are aware that a batch of RTI 201 letters has been sent to employers and agents in error, containing incorrect information about overpayments. Any employer or agent receiving one of these letters in August should please ignore it. Those wishing […]

Business News

HMRC latest disclosure opportunity

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HMRC have announced the details of their latest disclosure opportunity which is expected to give approximately 16,000 tax avoidance scheme users the opportunity to pay the tax they owe. The contractor loan scheme used non-UK employers to pay untaxed income or a loan instead of paying part of an employees salary. HMRC are inviting those […]

Business News

Pension scams

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HMRC and the Pensions Regulator (TPR) are publicising the availability of revised leaflets which warn people of the consequences of pension liberation scams. HMRC are advising that individuals with pension savings continue to be targeted by unscrupulous companies encouraging them to access their pension savings early. Options are given for personal loans, cash incentives and […]

Business News

Guidance on changes to VAT filing rules

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The majority of businesses have to file their VAT returns online. HMRC have issued guidance on changes to VAT rules which introduce additional exemptions to the requirement to file VAT returns online. The changes, which came into effect at the beginning of July 2014, allow business owners that satisfy HMRC that it is ‘not reasonably […]