Call Us Now on: 023 9279 9744


2nd homes for HMRC

By |March 18th, 2013|Uncategorized|Comments Off on 2nd homes for HMRC

HMRC recently launched a new campaign to target people who sold second homes without declaring any profits made to the taxman. The campaign is aimed at anyone selling property in the UK or abroad where capital gains tax should be paid. This usually applies to any property that is not your main place of […]

Tax paid twice?

By |February 21st, 2013|Uncategorized|Comments Off on Tax paid twice?

Some taxpayers who used Santander’s BillPay to pay their tax on 31 January were mistakenly charged twice. A technical glitch in Santander’s systems lead to the error that meant thousands of tax payers paid their self assessment tax twice.

HMRC have announced that they have already started paying back those who were affected, and that […]

HMRC PAYE changes

By |February 21st, 2013|Uncategorized|Comments Off on HMRC PAYE changes

Employers who make a payment to HM Revenue & Customs (HMRC) by one of these methods will need to amend the details of the HMRC account you pay into.

Bacs Direct Credit
Faster Payments by online/telephone banking

Payments will be made to a single bank account from April 2013. From month 01 of the 2013-14 tax year […]

Residence tests

By |January 22nd, 2013|Uncategorized|Comments Off on Residence tests

HMRC have announced that legislation will be introduced in the Finance Bill 2013 to put the rules which determine an individual’s tax residence on a statutory basis.  The new statutory residence test will come into force from the start of the 2013/14 tax year.

The new legislation includes circumstances such as the situation where a […]

Statutory Payments

By |January 22nd, 2013|Uncategorized|Comments Off on Statutory Payments

HMRC have announced the following statutory payment rates for 2013/14. These rates are still subject to Parliamentary approval and will be confirmed by HMRC before the start of the new tax year.

Statutory Maternity Pay (SMP)
£136.78 per week

Ordinary Statutory Paternity Pay (OSPP)
£136.78 per week

Additional Statutory Paternity Pay (ASPP)
£136.78 per week

Statutory Adoption Pay (SAP)
£136.78 per week

Statutory […]

Real Time Information a Big Time Headache?

By |November 15th, 2012|Uncategorized|Comments Off on Real Time Information a Big Time Headache?

The requirement to provide Real Time Information (RTI) to HMRC is looming large on the horizon. Don’t let it become a distraction and a headache. We can quote to take on your payroll processing to ensure that RTI is a simple affair and put simply, our fees  are surprisingly affordable. Alternatively we can supply Sage Payroll Software to […]

HMRC raises its checks

By |November 15th, 2012|Uncategorized|Comments Off on HMRC raises its checks

HMRC will start targeting businesses across the country later this month as it rolls out a new “fresh approach” to Business Records Checks (BRC) visits. Businesses it believes may be at risk of keeping inadequate records will get a letter and a phone call. For the South East of England the programme is expected to […]

HMRC hits headline footballers hard

By |May 8th, 2012|Uncategorized|Comments Off on HMRC hits headline footballers hard

April’s landmark High Court case against Eclipse Film Partners No 35 LLP, which saw them
prevented from gaining £117m in tax relief, demonstrates to us that HMRC are hardening their
attitude further on tax avoidance schemes.

The partnership included football manager Sir Alex Ferguson alongside other wealthy members
who were claiming tax relief on loans taken out to […]