UK Accounting News

Latest HMRC Brexit Info

Brexit preparedness remains a big concern for the UK’s businesses. Perhaps the two areas that need most attention are customs formalities (importing and exporting goods or services), and intra-community VAT (invoicing businesses in other European Union member states)....

Payroll Year End For Employers

Payroll Year End For EmployersPayroll year end dates for Employers to be aware of;It’s worth adding these to your calendar (if you haven’t got them in there already).Up to 5 AprilOn or before your employees’ payday, send your final payroll report of the year5 AprilThe...

HMRC’s Brexit Plans

HMRC's Brexit Plans What Brexit VAT implications does your business need to be aware of? How businesses manage Value Added Tax (VAT) will radically change this year because of two events: the introduction of Making Tax Digital (MTD) and Brexit. The former is a...

New Tax Year Rates and thresholds

New Tax Year (06/04/2019) Rates and thresholds If you are in employment (PAYE) these are the Income tax rates in the tax year 06/04/2019 – 05/04/2020 Income tax bands are due to rise on 6 April 2019. This applies to England, Wales and Northern Ireland.  Income taxes...

Making Tax Digital (MTD) VAT, April 2019 Changes

What is Making Tax Digital? Making Tax Digital (MTD) is an HMRC initiative designed to make sure the UK tax system is effective, efficient and easier for taxpayers. Making Tax Digital for business (MTD-FB) begins on 1 April 2019 with MTD for VAT. From that date,...

CIS Tax Refunds – Apply Now

CIS Tax Refunds now available

Top 10 worst tax return excuses

HMRC reveals Top 10 worst tax return excuses for 2014

Digital Tax

The government is committed to reducing burdens for taxpayers and building a transparent and accessible tax system fit for the digital age.