Accelerated Payment Notices update
The 2014 Finance Act gave HMRC significant new powers to demand upfront payment of disputed tax from taxpayers using avoidance schemes. This is facilitated by the use of an Accelerated Payment Notice (APN) when HMRC have an open appeal or enquiry and Read more..
Guidance for small businesses on VAT rule change
As many of our readers will be aware there are significant changes to the VAT place of supply rules for businesses supplying digital services. The changes come into effect on 1 January 2015. Currently these supplies are taxed in the Member State in Read more..
National Insurance Contributions for under 21s
New guidance has been published for employers regarding the abolition of National Insurance Contributions (NICs) for employees between the ages of 16 and 21. The changes will apply from 6 April 2015.
From 6 April 2015, employers with employees under Read more..
HMRC re-launch service to help small businesses
HMRC has re-launched a digital interactive publication known as Supporting Small Business. The publication contains links to new products and services for small businesses. It also explains how HMRC is delivering new and enhanced digital services, Read more..
Date announced for Budget 2015
The Chancellor has announced that the 2015 Budget will be held on Wednesday, 18 March 2015. The announcement was made during an evidence session on the Autumn Statement of the Treasury Committee. HM Treasury also tweeted the news.
The Budget will be Read more..