EU Settlement Scheme fee is to be scrapped

The Prime Minister has announced in a speech to the House of Commons that the £65 fee for applications made ...
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Statutory payment rates for tax year 2019/20 confirmed

Following the written ministerial statement published in November 2018 announcing the proposed new rates for Statutory Maternity Pay (SMP), Statutory ...
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Auto-enrolment qualifying earnings band figures for tax year 2019/20 confirmed

The draft Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2019 has now been published. As expected, it freezes ...
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Tax if clients leave the UK to live abroad

The P85 form should be completed by individuals or their agents to advise HMRC that have left the UK to ...
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Remaining age related tax allowances

Most age related tax allowances have been phased out. However, the Married Couple's Allowance (MCA) is available to elderly married ...
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Carry back charitable contributions

Donations to charity over the course of a tax year can add up and taxpayers must ensure they keep a ...
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Could you claim the Marriage Allowance?

If you or your partner are a low earner or not working, then you may be eligible for the marriage ...
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Reducing payments on account

Taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments are ...
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Don’t overclaim for equipment purchases

You can use the Annual Investment Allowance (AIA) to claim a very generous 100% first year tax relief for qualifying ...
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Genuine messages from HMRC

HMRC has issued an updated version of their online guidance on Genuine HMRC contact and recognising phishing emails and texts ...
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Cash basis option for landlords

The cash basis scheme helps sole traders and other unincorporated businesses benefit from a simpler way of managing their financial ...
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Changes to a building after the VAT option to tax

There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and ...
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Register a company and register for tax

A new one-stop service to register a company and register for tax at the same time has been used by ...
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Check if your Holiday let property is qualifying

The Furnished Holiday Let (FHL) rules, allow holiday lettings of properties that meet certain conditions to be treated as a ...
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New ‘global’ pound coin

HM Treasury has confirmed that the £1 coin will be going global. This announcement means that the UK’s Overseas Territories ...
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Automatic enrolment for the self-employed?

The government has confirmed that they are to examine a number of different approaches to help encourage the self-employed to ...
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CGT Rollover Relief – ownership of assets

Capital Gains Tax (CGT) rollover relief is a valuable relief that allows for a delay in the payment of CGT ...
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Checking a National Insurance Record

HMRC offers an online service to check a National Insurance record. In order to use the service you will need ...
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Merchandise in Baggage

There are special customs requirements for commercial goods or samples which are imported or exported by passengers in their accompanied ...
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Finance Bill delay

The government published Finance (No.3) Bill 2017-19 on Wednesday, 7 November 2018. The Bill is so named as it is ...
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Paying young people and children

When a new employee is added to the payroll it is the employers' responsibility to ensure they meet the employees’ ...
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Guidance published for employers on new payslip legislation

New legislation comes into force from 6 April 2019 which requires all employers to provide an itemised payslip to all ...
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Naming scheme for unpaid employment tribunal awards launched

The government’s recently published “Good Work Plan” included a commitment to establish a naming and shaming scheme for those employers ...
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New legislation published implementing aspects of the Good Work Plan

Following the recent publication of its “Good Work Plan”, the government has now laid before Parliament three statutory instruments to ...
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Don’t forget to pay your tax at the end of the month

The 31 January 2019 is not just the final date for submission of your self assessment tax return but also ...
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Did you file your tax return Christmas Day?

A new press release by HMRC has highlighted that 2,616 taxpayers took the time to file their tax return online ...
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VAT notes – new edition published

HMRC has published what appears to be the final online quarterly edition of VAT notes which includes a summary of ...
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Benefits that don’t have to be reported to HMRC

There is no requirement to report certain routine expenses to HMRC. The types of expenses and benefits covered are referred ...
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Maternity pay and leave

Employees that are pregnant are eligible to take up to 26 weeks of statutory maternity leave (known as ordinary maternity ...
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What expenditure qualifies for the Annual Investment Allowance?

The Annual Investment Allowance (AIA) was permanently set at £200,000 for all qualifying expenditure on or after 1 January 2016 ...
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A further £2bn allocated to Brexit planning

The government has announced more than £2 billion in additional funding across 25 government departments to help with Brexit planning ...
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What is a company confirmation statement?

As well as filing accounts with Companies House, there is a requirement to check that the information Companies House stores ...
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Check your State Pension age

A 'Check your State Pension age' tool is available at www.gov.uk/state-pension-age/y. The tool allows taxpayers to check the earliest age ...
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Advise HMRC if you stop being self-employed

Any taxpayers that have ceased to be self-employed must advise HMRC of their change in status. There are a number ...
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Tax Diary January/February 2019

1 January 2019 - Due date for Corporation Tax due for the year ended 31 March 2018.19 January 2019 - ...
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Amendments to UK data protection law in the event of a no deal Brexit

Following the publication of its technical notice in September 2018 on “Data protection if there’s no Brexit deal”, the government ...
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How the £1,000 trading allowance works

There is a £1,000 tax allowances for miscellaneous trading income that has been available to taxpayers since April 2017. This ...
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When is lettings relief available?

In general, there is no Capital Gains Tax (CGT) on a property which has been used as the main family ...
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Qualifying for VAT special schemes

There are three main special VAT schemes available to small businesses. These are the flat rate scheme, the annual accounting ...
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Is your income approaching £100,000?

For high earning taxpayers, the personal allowance is gradually reduced by £1 for every £2 of adjusted net income that ...
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Are you ready for VAT filing changes April 2019?

The introduction of Making Tax Digital (MTD) for VAT is fast approaching. From April 2019, some 1 million businesses with ...
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VAT on property service charges

A new Revenue and Customs Brief (6-2018) entitled VAT exemption for all domestic service charges has recently been published by ...
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Citizens’ rights in the event of a no deal Brexit

The government has published a policy paper on what might happen to EU citizens in the UK and UK nationals ...
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When you can utilise overlap relief

The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date, to which accounts are prepared ...
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Who can or cannot claim the Employment Allowance

The Employment Allowance of £3,000 per year is available to most businesses and charities to be offset against their employers ...
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Taxation of termination payments

In the 2016 Budget, the government announced that termination payments over £30,000 would be subject to employer National Insurance Contributions ...
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HMRC writes to taxpayers in Wales

HRMC has written to two million taxpayers in Wales concerning the introduction of the Welsh rates of Income Tax (WRIT) ...
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UK VAT claims by non-EU businesses

The VAT paid in other EU countries is often recoverable by VAT-registered businesses in the UK, who bought goods or ...
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