Latest News
Below are the latest new articles added to our site, if you wish to view one of these articles in more details click on the appropriate news heading.
30/01/2010
New PAYE being issued for 2010/11
HMRC are advising employees that between January and March 2010 they will be issuing new PAYE coding for 2010/11. The tax codes should reflect the individual's personal circumstances and include the t...
30/01/2010
New Online Dispensation Form
HMRC have introduced the facility to apply for dispensations online. Where an employer has a dispensation they do not have to report expenses and certain benefits to HMRC on forms P9D or P11D at th...
30/01/2010
The Tax Health Plan
HMRC have obtained information from various sources, including NHS trusts, private hospitals and medical insurers and are introducing the THP as an opportunity for medical professionals with tax to pa...
04/09/2009
New Disclosure Opportunity from HMRC
HMRC is offering an opportunity to people with unpaid taxes linked to offshore accounts or assets to settle their tax liabilities at a favourable penalty rate. This opportunity will run until 12 ...
07/06/2009
Do you let out an overseas property located in the EEA?
If you let out a furnished holiday property overseas then an announcement in the latest Budget may affect you. You could be due a repayment of income tax but you need to act fast. The furnished ho...
30/04/2008
Entrepreneurs Relief
The Chancellor introduced a new Entrepreneurs’ Relief (ER) for disposals, reorganisations and relevant transactions taking place on or after 6 April 2008. The main effects of this relief are: th...
21/04/2008
Online Registration for the Self Employed
Everyone starting out on their own needs to register with HM Revenue & Customs (HMRC). HMRC has now made available the option to register online. If you do not register within the first three month...
02/04/2008
New penalties for errors on tax returns
HMRC is introducing new penalties, which aim to 'help those who try to comply, and come down hard on those who don’t.' The new penalties will operate so: If people take reasonable care when com...
27/03/2008
Update On Residence And Domicile
New tax measures on residence and domicile take effect from 6 April 2008. The main proposal is that UK residents who are non-domiciled or not ordinarily resident, who wish to continue to be taxed o...
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