Latest News for Business

Committee warns small businesses 'could pay heavy price' for MTD

05 Dec 2018

The Economic Affairs Committee has warned HMRC that small businesses 'could pay a heavy price' for Making Tax Digital for VAT.

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Leaving the EU with no deal

05 Dec 2018

The government has published a collection of documents in preparation for the scenario of the UK leaving the EU without a Withdrawal Agreement a so called 'no deal' Brexit.

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180,500 new homeowners benefit from stamp duty tax relief

05 Dec 2018

According to statistics published by HMRC more than 180,500 first-time buyers have benefitted from First Time Buyers Relief.

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Tax-free gifts to employees

05 Dec 2018

Some employers may wish to give a small gift to their employees.

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Advisory fuel rates for company cars

05 Dec 2018

New company car advisory fuel rates have been published which took effect from 1 December 2018.

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Phishing tax refund email targets university students

05 Dec 2018

HMRC has warned that university students are being bombarded with fake tax refund emails.

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Inheritance Tax Review by Office of Tax Simplification

05 Dec 2018

The Office of Tax Simplification has published the first of two reports on inheritance tax.

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Budget 2018

06 Nov 2018

The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018.

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Personal tax changes - allowance and basic rate band increases

06 Nov 2018

At the Budget, the Chancellor announced that increases to the personal allowance and basic rate band for 2019/20.

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Capital allowances changes

06 Nov 2018

A number of changes to capital allowances were announced at the Budget.

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Entrepreneurs' Relief changes

06 Nov 2018

The government announced, as part of the Budget, that some changes are being made to the rules for Entrepreneurs' Relief .

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Making Tax Digital for VAT

06 Nov 2018

HMRC has opened the Making Tax Digital for VAT public pilot.

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New guidance for employers

06 Nov 2018

HMRC has issued the October 2018 Employer Bulletin.

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HMRC countdown: file your tax return

06 Nov 2018

With less than 100 days until the self assessment tax return deadline of 31 January 2019, HMRC is urging taxpayers to complete their tax returns early.

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Further contingency planning guidance on a 'No deal Brexit'

06 Nov 2018

HMRC has issued a Partnership Pack to help businesses carry out contingency planning.

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