News and the latest developments at HMRC

Auto Enrolment

With Auto Enrolment starting in less than 12 months for some of our clients we will be contacting all clients operating PAYE in the near future. For reference please find attached a copy of our Auto

Read More

Employers National Insurance Allowance

Just a reminder that from April 2014 the first £2,000 of employers NI is exempt. Directors of limited companies currently drawing salary at the NI threshold may benefit from increasing their salary. Please contact us

Read More

Chancellors Budget 19.03.2014

Income Tax and National Insurance – please see our pre-budget update. Corporation Tax – from 1.4.14 the small companies rate remains at 20% (on the first £300k of profits). The large companies rate drops from

Read More

Pre-budget Update

Following the Autumn Statement and subsequent releases changes for the tax year 2014/15 have been outlined as below National Insurance Contributions Self-employed class 2 will be £2.75 per week Self-employed class 4 will be payable between £7956 and £41865

Read More

HMRC scam emails

Please be aware of emails purporting to be from HMRC stating you are entitled to a tax refund. HMRC do not advise any tax position by email so please be very cautious of any email

Read More

HMRC new taskforces

HM Revenue & Customs has created 4 more tax investigation task forces including 2 based around the Midlands. 1 – Individuals living beyond their means 2- Anyone dealing in second hand cars

Read More