Your P800 tells you whether HMRC thinks you have paid the correct amount of tax in the previous year. Check your details…
Businesses operating on the VAT Flat-Rate Scheme (FRS) have had to pay VAT on deposit interest, HMRC have now admitted that this was wrong…
The scheme can provide relief to new businesses of upto £5000 per employee, but just 1094 businesses in the North-West have taken up the scheme.
HMRC will be looking into the second incomes of private tutors and profit-making online sellers.
Remember – new Self Assessment penalties for late returns and late payments…
The delay has been attributed to a higher than usual number of statements to process…
George Osborne has confirmed the 50p rate on tax will be abolished, although a definite date for the change in legislation has yet to be announced…
The Government has brought forward the proposed reduction for effect immediately, citing concern surrounding the potential loss of significant revenue to the Exchequer…
Make sure you have to correct details for your payments by the 9th August 2011.
We explain the changes in regulation and how you can prepare your systems for the switch over.
