Class 2 and 4 NIC merger delayed until 6 April 2019 - 5 December 2017
The abolition of Class 2 National Insurance Contributions (NIC) will now be delayed until 6 April 2019, according to a new written statement to the House of Commons. HM Treasury has written to MPs to let them know that the
Simple by name, but not necessarily by nature - 5 December 2017
Earlier this year, HM Revenue & Customs (HMRC) introduced Simple Assessments for some taxpayers who have, until now, been required to complete Self-Assessment Tax Returns. Those affected are taxpayers with relatively straightforward financial affairs where HMRC considers that it already
Outstanding payments can be a major headache for SMEs as they can have a significant effect on cashflow and seeking payment can take up time that would be better spent on running the business. In fact, according to Bacs, the
The Office for Tax Simplification (OTS) recently published its findings following a review intended to ensure the VAT system remains relevant. On the basis of its findings, the OTS made eight core recommendations: The Government should examine the current approach
HMRC to stop accepting Post Office and personal credit card payments - 5 December 2017
HM Revenue & Customs (HMRC) has confirmed that it will no longer accept Post Office payments from 15 December 2017. It has also announced that it will stop accepting personal credit card payments from 13 January 2018.
UK welcomes hundreds of thousands of new SME entrants - 4 December 2017
New official figures reveal that almost 200,000 new small businesses have been formed in the UK this year so far.
Don’t forget to claim tax relief on your annual Christmas party - 1 December 2017
Accountants are reminding employers that they are able to claim tax relief on their annual Christmas party – providing they don’t overspend on the sparkling wine.