Latest News

National Living Wage to rise in April 2019 - November 2, 2018

In his latest Budget speech to the Commons, Chancellor Philip Hammond announced that the National Living Wage and National … Read more

Entrepreneurs’ Relief rules to be tightened - November 2, 2018

Despite rumours that the Chancellor might scrap Entrepreneurs’ Relief (ER) all together in the Autumn Budget, Philip Hammond … Read more

Research reveals Inheritance Tax hotspots across the UK - November 2, 2018

New research has revealed that the affluent area surrounding Guildford in Surrey has the highest proportion of people paying … Read more

R&D Tax Credit system to be reviewed in light of fraudulent claims - November 2, 2018

According to figures released in the Autumn Budget, HM Revenue & Customs (HMRC) has prevented around £300 million of … Read more

HM Revenue & Customs to review and rework some 2016-17 self-assessment tax returns following error - November 2, 2018

The Chartered Institute of Taxation (CIOT) has warned that HM Revenue & Customs (HMRC) is to review and potentially rework … Read more

Payee names to be required for bank transfers in effort to combat fraud and errors - November 2, 2018

From next year, payee names will be checked when making bank transfers in order to ensure that funds are being sent to the … Read more

Public pilot of Making Tax Digital for VAT opens - November 2, 2018

HM Revenue & Customs (HMRC) has opened a public pilot of Making Tax Digital (MTD) for VAT. The pilot is open to sole … Read more

Autumn Budget 2018 - October 30, 2018

The sun was already edging behind the London skyline by the time Chancellor Philip Hammond rose to the despatch box to deliver … Read more

Budget date 2018 announced, with half the usual notice - October 2, 2018

The Chancellor has announced that the 2018 Budget will take place on Monday 29 October 2018, having given just half the usual … Read more

Employment claims from contractors brought within IR35 expected after HMRC settlement - October 2, 2018

A freelance marketing and business development consultant has reached a settlement with HM Revenue & Customs (HMRC) after … Read more