15-02-2012
New tax investigation campaigns
Three new campaigns are to be launched targeting tax evasion in the UK. The current round of HMRC’s campaigns against tax avoidance goes back to the Offshore Disclosure Facility (ODF) in 2007, th... Read more..

15-02-2012
P45 form to stay
The Government recently published a consultation document on the major changes planned to the way PAYE information is collected. This will see the introduction of a new system where HMRC collects real... Read more..

15-02-2012
Self assessment online filing statistics
A press release detailing the number of online filings made for the 2010/11 self assessment returns has been issued by HMRC. The use of the online service continues to grow year on year. Thi... Read more..

08-02-2012
Employment related loans
The official rate of interest on an employment related loan is to remain at 4% with effect from 6 April 2012. A change in the rate is only made in the event of significant changes in interest rates. T... Read more..

08-02-2012
The Annual Investment Allowance
The Annual Investment Allowance (AIA) was first introduced in The 2008 Finance Act and the legislation was incorporated into the Capital Allowances Act 2001. The AIA is designed to give 100% first yea... Read more..

08-02-2012
Tribunal – VAT bad debt relief
The VAT bad debt relief rules seek to deal with issues that can arise when an invoice has been issued to a customer and no payment has been received after a significant period of time has elapsed... Read more..

02-02-2012
Government publishes revised timetable for pensions auto-enrolment
The Government has published a revised staging timetable for when employers of all sizes must start enrolling their staff in a workplace pension scheme. Starting from 1 October 2012, and dependin... Read more..

01-02-2012
Submitting online VAT returns
From 1 April 2012 all VAT Returns must be submitted online and payment must be made electronically. This measure completes a process started 1 April 2010 when VAT registered businesses with a turnover... Read more..

01-02-2012
Commonwealth games tax break announced
The Chief Secretary to the Treasury, Danny Alexander, has announced a tax break for athletes that take part in the 2014 Commonwealth games in Glasgow. The move means that athletes from outside the UK ... Read more..

01-02-2012
PAYE penalties
The tax office has now begun to issue penalty notices to employers that have not filed their starter and leaver forms online in the period 6 October 2011 to 5 January 2012. The penalties for failing t... Read more..