Latest News
Latest News
HMRC confirms tax campaigns for this year
HMRC has confirmed its tax campaigns for 2012.
Submitted by MSB Accounting on Wednesday 22nd February 2012
Current and upcoming HMRC tax investigations
An update on tax disclosure opportunities in the coming months.
Submitted by MSB Accounting on Friday 27th January 2012
PAYE forms to go online in 2013
PAYE (P35) forms are set to go online. What will it mean for you?
Submitted by MSB Accounting on Friday 27th January 2012
Tax changes 2012-13
The Chancellor announced several important tax changes for 2012/13 in his autumn statement.
Submitted by MSB Accounting on Friday 27th January 2012
Business Record Checks: an update
The HMRC is stepping up its Business Record Checks on small and medium-sized businesses. Make sure you're ready for a visit!
Submitted by MSB Accounting on Wednesday 16th November 2011
No more paper VAT returns
All VAT-registered businesses, including those with a turnover of less than £100,000 pa, will be required to file their returns online from April 2012.
Submitted by MSB Accounting on Thursday 10th November 2011
Disincorporation relief for small companies?
Thinking of moving your company from limited-liability to sole trader status? Read this first!
Submitted by MSB Accounting on Wednesday 26th October 2011
NIC and income tax merger: an update
The government has now closed its initial consultation on the potential merger of income tax and national insurance contributions.
Submitted by MSB Accounting on Wednesday 5th October 2011
Reminder: Don't forget to use your Annual Investment Allowance!
A reminder that the AIA reduces in April. Timing is critical if you want to make full use of your allowance this year.
Submitted by MSB Accounting on Monday 3rd October 2011
VAT due on employee benefits from January
HMRC has now issued guidance regarding VAT on certain employee benefits under flexible benefit and salary sacrifice schemes following the high profile case involving pharmaceutical giant AstraZeneca last year.
Submitted by MSB Accounting on Monday 12th September 2011
Redesigned SA252 letter due to launch in autumn
HMRC plans to launch a redesigned SA252 letter in autumn to encourage taxpayers to check their tax codes.
Submitted by MSB Accounting on Monday 12th September 2011
Lower inheritance tax for charitable donors
Consultation on the proposed lower rate of inheritance tax (IHT) closed at the end of August.
Submitted by MSB Accounting on Tuesday 6th September 2011
HMRC cracks down on tax evasion
The HMRC are currently pursuing a number of campaigns to target taxpayers who have not adequately declared their taxable income and gains.
Submitted by MSB Accounting on Monday 5th September 2011
Do you own a furnished holiday property?
Recent changes have raised important planning issues for owners of furnished holiday lets.
Submitted by MSB Accounting on Friday 2nd September 2011
Annual investment allowance reduced to 25k
The AIA will be reduced to £25,000 at the end of the fiscal year.
Submitted by MSB Accounting on Friday 2nd September 2011
Should you be using the VAT Flat Rate?
If your VAT taxable turnover is less than £150,000 it might be worth investigating the Flat Rate Scheme.
Submitted by MSB Accounting on Friday 2nd September 2011