23-01-2020
New guidance on sexual harassment and harassment at work
The Equality and Human Rights Commission (EHRC) has published new technical guidance on sexual harassment and harassment at work. It replaces previous guidance published in … read more
22-01-2020
Don’t be taken in by this scam
The Insolvency Service has warned that fraudsters have been contacting investors in insolvent schemes claiming to be from the Official Receiver’s office or to have been … read more
22-01-2020
Disclosing VAT errors
Where an error on a past VAT return is uncovered, you have a duty to correct the error as soon as possible. As a general rule, you can use your current VAT return to make any … read more
22-01-2020
Ways that HMRC can collect overdue tax
If you are unable to pay your tax bill or need time to pay then it is in your best interests to contact HMRC as soon as possible. For example, you can apply to HMRC to make a … read more
22-01-2020
HMRC publish strange late filing excuses?
A recent press release by HMRC has revealed some of the oddest excuses for submitting a late tax return, that have been made during the past 10 years. The excuses ranged from the … read more
22-01-2020
Relief for CGT losses
Usually, if you sell an asset for less than you paid for it you would make a capital loss. As a general rule, if the asset would have been liable to CGT if a gain had resulted when … read more
22-01-2020
When is a Will revoked?
We have previously covered the importance of making a Will and ensuring that assets are divided amongst beneficiaries in the way best suited to personal circumstances. One of the … read more
22-01-2020
Scottish 2020 Budget
Derek Mackay, Scotland’s finance secretary has announced that the Scottish Government’s Budget will be published for 2020-21 on 6 February 2020. The date has been … read more
22-01-2020
New taskforce to target waste criminals
A new taskforce has been launched to tackle serious and organised waste crime, such as dumping hazardous materials on private land and falsely labelling waste so it can be exported … read more
16-01-2020
Statutory maternity, adoption, paternity, shared parental and sick pay to rise from April 2020
According to proposals set out in a government policy paper, the revised rates for statutory maternity pay (SMP), statutory adoption pay (SAP), statutory paternity pay (SPP), … read more
15-01-2020
Tax allowances you can claim for business cars
Capital Allowances allow your business to secure tax relief for certain capital expenditure. Qualifying expenditure on cars must usually be allocated to one of two general pools of … read more
15-01-2020
On your bike – tax free cycling
There are special rules involving bicycles for work use, usually referred to as 'Cycle to Work' arrangements. The Cycle to Work scheme was introduced almost 20 years ago to … read more
15-01-2020
Public transport costs and tax
There are certain tax rules that it is important to consider if you pay for the public transport costs of your employees. The provision of public transport costs includes season … read more
15-01-2020
Money laundering and terrorist financing
The money laundering rules are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and … read more
15-01-2020
What qualifies for First Year Allowances?
Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and Machinery (P&M). The cash-flow benefit of accelerated tax relief is … read more
15-01-2020
VAT – what is a limited cost trader?
The VAT Flat Rate Scheme (FRS) has been designed to simplify the way a business accounts for VAT and in so doing reduce the administration costs of complying with the VAT … read more
15-01-2020
Close down a company by striking it off the register
There are a limited range of circumstances when a company can request to be removed from the register (known as being struck off). For example, a voluntary strike-off can be … read more
08-01-2020
Did you file your tax return on Christmas Day?
A new press release by HMRC has highlighted the fact that 3,003 taxpayers took the time to file their tax return online on Christmas Day with a further 9,254 taxpayers completing … read more