HM Revenue & Customs (HMRC) has warned businesses across the UK that the registration process for Making Tax Digital (MTD) for VAT takes seven working days. This means that VAT-registered businesses turning over £85,000 or more need to register more than seven days before submitting a return if they want to pay their tax bill by direct debit. Last …
Read more…
|
HM Revenue & Customs (HMRC) has published new guidance on the expansion of the IR35 requirements to contractors working in the private sector. IR35 governs the tax status of people working through personal service companies (PSCs) and until now required public sector employers to determine whether contractors working for them should be taxed as …
Read more…
|
The Chancellor’s Spring Statement contained an important nugget of information for businesses that had been wondering when they will need to be ready for Making Tax Digital (MTD) for taxes other than VAT. Until recently, the Government’s official line was that the rollout of the UK’s digital system would be confined to VAT until “April 2020 …
Read more…
|
Under the Government’s Good Work Plan, more than 300,000 workers have received a payslip for the first time under new rules that came into force in April. However, experts fear that many employers may be unaware of the recent changes and how it could affect them. The new rules require employers to include variable rates of pay and hours worked within …
Read more…
|
HM Revenue & Customs (HMRC) is understood to be sending out “Employer Compliance Check Questionnaires” without notifying agents, which could land businesses in trouble if the wrong information is provided. The questionnaires are understood to be a replacement or substitute for a PAYE audit, which would typically require a visit from HMRC to …
Read more…
|
As of 6 April, direct descendants can inherit up to £950,000 completely free of income tax from their parents or grandparents thanks to increases in the residence nil-rate band. This tax-free allowance on inherited property has risen from £125,000 to £150,000 this year and will rise again next year to £175,000. In order to qualify for this allowance, …
Read more…
|
To see more of Wilder Coe Ltd's latest events and updates, visit our Facebook page |
 |
|
London Office:
1st Floor, Sackville House,
143-149 Fenchurch Street,
London, EC3M 6BL
Telephone: 020 7724 6060
Email: info@wildercoe.co.uk
Fax: 0207 929 2511
DX: 307454 CHEAPSIDE |
Stevenage Office:
Oxford House, Caxton Way,
Stevenage, Herts, SG1 2XD
Telephone: 01438 847200
Email: info@wildercoe.co.uk
Fax : 01438 847150
DX: 6015 Stevenage |
|
We operate a responsible email policy at Wilder Coe Ltd, so if you do not wish to receive further copies of this newswire, please click here to unsubscribe.
To view our Privacy Policy and details about how we store and use data, please click here.
|
|
