Month: October 2018

Majority of Britons to pay less income tax following changes announced in Budget

31 Oct 2018

The majority of Britons will pay less income tax from April 2019 following important changes announced in this week’s Autumn Budget.

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Autumn Budget 2018

29 Oct 2018

The sun was already edging behind the London skyline by the time Chancellor Philip Hammond rose to the despatch box to deliver the first Monday Budget since 1962 – pushed back to 3.30pm because of later Parliamentary sitting times on

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HMRC criticised for being ‘too aggressive’ to taxpayers

29 Oct 2018

HM Revenue and Customs (HMRC) level of aggression towards taxpayers has shocked MPs.

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Can you save by preparing for the January tax return deadline now?

26 Oct 2018

Have you thought about the January tax return deadline? For the majority of self-employed workers who choose to file their annual return online, January still seems like a long time away.

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Lords committee warns of “huge under-preparedness” ahead of Making Tax Digital

24 Oct 2018

With Making Tax Digital (MTD) for VAT due to be rolled out in less than six months’ time, Lords have warned that there is “overwhelming evidence” indicating that businesses are still “under-prepared.”

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Unexpected UK inflation in September causes pound sterling to fall

22 Oct 2018

In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically.

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Don’t get “spooked” this Halloween, says ICAEW ahead of paper tax return deadline

19 Oct 2018

With just a couple of weeks to go before Halloween, the Institute of Chartered Accountants in England and Wales (ICAEW) has urged taxpayers to avoid any unwanted frights this holiday season.

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October 2018 Newswire

18 Oct 2018 Read more...

Making Tax Digital for VAT pilot launched by HMRC

17 Oct 2018

HM Revenue & Customs (HMRC) has this week opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul.

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HMRC clamp down on late payments by seizing assets from businesses’

15 Oct 2018

Recently, there has been a sharp increase in tax inspectors taking control of goods to settle bills with companies who cannot afford to pay with cash.

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