Tax Return Deadline is Approaching

Tax Return Deadline is Approaching

It comes around almost as fast as Christmas, and here we are again. The 31 January 2018 marks the deadline for filing of the 2016/17 Self-Assessment Tax Return (SATR). Individuals who are required to submit a SATR include, the self-employed and some landlords,...

Digital Tax Reporting – The Story So Far

In 2015 the Government announced its commitment to bringing our tax system into the 21st century by introducing digital technology and dispensing with the annual tax return.  The new system would involve digital quarterly reporting with a view to making tax simpler...
Dividends – What Isn’t Changing?

Dividends – What Isn’t Changing?

The way they are taxed may be changing, but the other rules and procedures surrounding dividend payments have not. Here is a brief re-cap of the key actions and considerations to bear in mind when making dividend payments: There must be distributable reserves in the...
Government Online Services Outdated

Government Online Services Outdated

According to a new study by technology company EMC, UK businesses are spending the equivalent of a working month a year struggling to use governmental digital services. Business leaders estimate that five hours each week could be saved if the services were brought...
Changes To HMRC Debt Recovery Scheme

Changes To HMRC Debt Recovery Scheme

Following concerns over the announcement that HM Revenue & Customs had been given the power to enforce direct debt recovery, an amendment has been made to the Finance Bill to protect the more vulnerable tax payer. The amendment states that HMRC must consider...