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Welcome to our blog page, keeping you up to date with current topics….

Review of the Disguised Remuneration Loan Charge

Review of the Disguised Remuneration Loan Charge

Review of the Disguised Remuneration Loan Charge The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse’s independent review of the loan charge policy and its implementation. The government has announced the following key changes to the loan charge: the loan charge will [...]
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Minimum wage rates announced

Minimum wage rates announced

Minimum wage rates announced The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. From 1 April 2020 the NLW will rise from the current rate of £8.21 to £8.72 an hour, in the largest raise since it was introduced two decades ago. The [...]
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Genuine HMRC contact and recognising phishing emails and texts

Genuine HMRC contact and recognising phishing emails and texts

Genuine HMRC contact and recognising phishing emails and texts: HMRC has updated their guidance on how to recognise when contact from HMRC is genuine and how to recognise phishing or bogus emails and text messages. The rule is, if you are not sure, do not disclose any information. Hang up, do not respond to the [...]
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HMRC countdown: file your tax return

HMRC countdown: file your tax return

HMRC countdown: file your tax return: With less than 100 days until the self assessment tax return deadline of 31 January 2020, HMRC is urging taxpayers to complete their tax returns early, in order to avoid the last minute rush. HMRC report that last year more than 2,000 people submitted their tax returns on Christmas [...]
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Guidance for employers

Guidance for employers

Guidance for employers: HMRC has published the October 2019 issue of the Employer Bulletin which contains guidance on a number of issues relevant for employers. Topics in this edition include: Changes for UK employers sending workers to the EU, the EEA or Switzerland PAYE Settlement Agreements and Welsh rate of Income Tax Guidance for employers [...]
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Charities fraud protection failures

Charities fraud protection failures

Charities fraud protection failures: According to a report published by the Charity Commision, the majority of UK charities admit fraud is a major risk, but are still failing to carry out basic tasks in order to protect themselves. More than 3,300 charities took part in the Charity Commission’s survey into fraud awareness, resilience and cyber [...]
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Increase in probate fees abandoned

Increase in probate fees abandoned

Increase in probate fees abandoned: The government has abandoned its planned increase in probate fees. The increase in fees was originally expected to take effect from 1 April 2019. However, in March 2019 HMRC postponed the introduction of the increase, attributing the delay to pressure on Parliamentary time. As part of the government’s plans, estates [...]
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Clamp down on enablers of tax avoidance schemes

Clamp down on enablers of tax avoidance schemes

Clamp down on enablers of tax avoidance schemes: HMRC says it is clamping down on the promoters and enablers of tax avoidance schemes in the wake of the loan charge controversy. Penny Ciniewicz, Director General of Customer Compliance at HMRC, told the Treasury Select Committee that HMRC is ‘doubling the resources’ to tackle those in [...]
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