News


Direct Debits for PAYE
October 25, 2022

Update to Direct Debits for PAYE


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HMRC have recently published in their August Employer Bulletin that direct debits for PAYE can now be set up to link to your RTI submissions, CIS, P11ds and amended prior

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HMRC
October 19, 2022

Getting in touch: HMRC’s new email facility


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Although there is no general facility to contact HMRC by email, it is slowly moving into the 21st century by providing the option to receive an email response. But of

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residence band relief
October 12, 2022

Confused on claiming residence band relief?


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Working through inheritance tax (IHT) requirements come at a difficult time. The provisions of the residence nil rate band (RNRB), which can be passed on between deceased spouses and civil

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Research & Development Tax Credits
October 10, 2022

Research & Development Tax Credits – HMRC’s latest move of the ‘goal-posts’


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HMRC released their latest amendments to the Research & Development Tax Credits scheme in July, via the draft Finance Bill 2022-23. These changes affect both the Small or Medium Enterprise

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Inheritance tax receipts
October 5, 2022

Inheritance tax receipts double in a decade


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New data from HMRC show the Treasury’s inheritance tax (IHT) receipts have doubled since 2012/13. Source: HMRC. Of all the various taxes levied in the UK, IHT is one of

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September 30, 2022

Mini Budget Update: September 2022


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This blog has been updated 18 October 2022 to reflect a number of additional announcements made by the Government scrapping many of the announcements made in this mini-budget. See below,

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September 28, 2022

R&D tax relief reforms on the cards


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New reforms will affect companies claiming tax relief or credits on research and development (R&D) expenditure for accounting periods beginning on or after 1 April 2023. Currently, R&D tax relief

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September 26, 2022

Mini-Budget Update: September 2022


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There were many surprises in the 2022 Mini-Budget, with the Chancellor announcing a raft of tax savings for businesses and individuals. Find out all the key announcements here.

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September 21, 2022

HMRC top-up payments for lower-paid employee pensions


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Employees who contribute to an occupational pension scheme under a net pay arrangement do not currently benefit from any tax relief if their earnings are below the personal allowance. This

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Gen z and millenials: expect in the workplace
September 20, 2022

What do Gen Z and millennials expect in the workplace?


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Owning and running a business with a multi-generational workforce can be complicated. It’s possible that in your business, you could have four or five different generations working. From the traditionalists

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taxpayer records
September 14, 2022

Setting new taxpayer records


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New data from HMRC reveals there are now over six million people paying higher or additional rate tax in the UK. Source: HMRC. In recent years, the end of June

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Off-payroll working rules
September 7, 2022

Off-payroll working rules mistakes now penalised


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The private sector off-payroll working rules have been in place since April 2021, but for the first 12 months businesses have benefitted from HMRC’s relaxed stance on penalties.

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