We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at R&L Accountancy.
June 2018
HMRC under investigation for alleged breach of data protection rules:-
https://www.accountancydaily.co/hmrc-under-investigation-alleged-breach-data-protection-rules
Hermes couriers win landmark employment status case:-
VAT: European Commission welcomes adoption of new tools to combat fraud in the EU:-
https://www.accountancydaily.co/cch_uk/cln/news_006318_newtoolsfraud
Gig economy - Supreme Court rejects appeal from Pimlico Plumbers over workers’ rights:-
EU mandatory disclosure rules in force:-
Call for evidence for Kingman review of FRC’s role:-
May 2018
HMRC unveils private sector IR35 reform consultation:-
https://www.contractoruk.com/news/0013601hmrc_unveils_private_sector_ir35_reform_consultation.html
Number of tax refund scams escalating:-
https://www.accountancydaily.co/number-tax-refund-scams-escalating
HMRC to delay more digital services for individuals:-
https://www.accountancydaily.co/hmrc-delay-more-digital-services-individuals
April 2018
IR35: Thousands of contractors have been wrongly taxed:-
HMRC removes pensions tool after errors:-
HMRC cancels 270,000 late penalty notices:-
IR35 case loss turns the tables on HMRC:-
March 2018
Childcare vouchers: Surprise delay to scheme cancellation:-
Spring Statement documents:-
https://www.gov.uk/government/topical-events/spring-statement-2018
Six possible dates for leaving EU VAT regime:-
MTD: VAT regulations have been passed:-
https://www.accountingweb.co.uk/tax/hmrc-policy/mtd-vat-regulations-have-been-passed#flaglink
On April 1st National Minimum and National Living Wage rates are changing:-
https://www.gov.uk/national-minimum-wage-rates
February 2018
Directors: No legal requirement to file a tax return:-
VAT Horror Story: £297,000 surcharge for one day late - Lessons to be learnt:-
MPs publish full unredacted report into RBS small business scandal:-
January 2018
Update on IT issues with HMRC services - partly fixed as of 22nd January:-
HMRC criticised over customer service measures:-
HMRC gives notice of the fact no P6s have been issued since 7th January 2018:-
EU pushes for 15% minimum VAT rate:-
https://www.accountancylive.com/eu-pushes-15-minimum-vat-rate
December 2017
Top 5 HMRC disputes of 2017:-
https://www.accountancyage.com/2017/12/21/top-5-hmrc-disputes-2017/
November 2017
Autumn Budget:-
Summary http://www.bbc.co.uk/news/uk-politics-42056452
All documents https://www.gov.uk/government/publications/autumn-budget-2017-documents
VAT threshold cut proposal stokes MTD fear for small businesses:-
Self-employed NIC merger postponed:-
October 2017
Warning of fake HMRC VAT email scam:-
FTT ruling shines spotlight on actor’s NICs via intermediary company:-
https://www.accountancylive.com/ftt-ruling-shines-spotlight-actors-nics-intermediary-company
A recent case on tax credits for the self-employed - taxpayer won:-
PAYE updating service hit by HMRC IT problem:-
September 2017
Contractors working for public sector see income slashed by up to 30pc in wake of tax crackdown:-
Getting the VAT return right - pt 2 International transactions:-
Tax glitch leaves self-employed pregnant women waiting for maternity allowance
August 2017
HMRC to withdraw paper copies of SA302 for mortgage applications:-
Simple tax assessments are coming:-
HMRC challenged over childcare website failures:-
https://www.cchdaily.co.uk/hmrc-challenged-over-childcare-website-failures
July 2017
PAYE: Dynamic coding has landed:-
Warning on Brexit finance uncertainty:-
https://www.cchdaily.co.uk/warning-brexit-finance-uncertainty
HMRC urged to change approach to complaints:-
https://www.cchdaily.co.uk/hmrc-urged-change-approach-complaints
Making Tax Digital delayed to 2020 at the earliest for taxes other than VAT:-
PSC Regime tightened:-
Electronic fix for HMRC tax return problems anticipated:-
June 2017
Tribunal: Company directors do not have to submit tax returns:-
Election results and analysis:-
http://economia.icaew.com/en/features/election-2017
Progress of Finance Act 2017:-
http://services.parliament.uk/bills/2016-17/financeno2.html
May 2017
MTD for individuals - Dynamic Codings:-
Update to Finance Bill following announcement of General Election:-
Latest version of Finance Bill 2017:-
https://www.publications.parliament.uk/pa/bills/lbill/2016-2017/0128/17128.pdf
April 2017
The future for Companies House:-
Making Tax Digital has been dropped from the Finance Bill (along with other tax measures):-
https://www.cchdaily.co.uk/making-tax-digital-dropped-finance-bill
Sweeping changes made to salary sacrifice rules:-
http://www.accountingweb.co.uk/tax/business-tax/sweeping-changes-made-to-salary-sacrifice-rules
MTD will require taxpayers to file six returns a year:-
http://www.accountingweb.co.uk/tax/hmrc-policy/mtd-taxpayers-must-make-six-submissions-to-hmrc
March 2017
Government plans web gateway overhaul:-
http://www.accountingweb.co.uk/tech/practice-software/government-plans-web-gateway-overhaul
Making Tax Digital VAT reporting starts April 2019:-
https://www.cchdaily.co.uk/making-tax-digital-vat-reporting-starts-april-2019
Class 4 NICs rise to be delayed, says May:-
https://www.cchdaily.co.uk/class-4-nics-rise-be-delayed-says-may
Budget 2017
https://www.gov.uk/government/publications/spring-budget-2017-documents
https://www.icaew.com/en/technical/economy/uk-spring-budget-2017
Nil rate band to lift inheritance tax threshold by £100K from April:-
Government shelves Companies House six-year data wipe plan:-
February 2017
The Brewster Supreme Court - Ruling marks significant extension of unmarried cohabitees’ pension rights
Making Tax Digital £10k threshold ‘ridiculous’, claim Lords:-
https://www.cchdaily.co.uk/making-tax-digital-ps10k-threshold-ridiculous-claim-lords
January 2017
Class 2 NI confusion:-
http://www.accountingweb.co.uk/tax/personal-tax/class-2-nic-confusion
MPs call for immediate delay to Making Tax Digital:-
HMRC computers ignore payment on account changes:-
http://www.accountingweb.co.uk/tax/hmrc-policy/hmrc-computers-ignore-payment-on-account-changes
Businesses face minimum wage trap:-
http://www.accountingweb.co.uk/business/finance-strategy/businesses-face-minimum-wage-trap
Taxed by law and untaxed by guidance:-
http://www.accountingweb.co.uk/tax/personal-tax/taxed-by-law-and-untaxed-by-guidance
EU set to overhaul SME VAT scheme to simplify rules:-
https://www.cchdaily.co.uk/eu-set-overhaul-sme-vat-scheme-simplify-rules
Late payments force small businesses to the edg:-
December 2016
VAT flat rate scheme: End of an era:-
http://www.accountingweb.co.uk/tax/business-tax/vat-flat-rate-scheme-end-of-an-era
New VAT MOSS reforms unveiled:-
http://www.accountingweb.co.uk/tax/business-tax/european-commission-unveils-vat-moss-reforms
November 2016
Autumn Statement documents:-
https://www.gov.uk/government/topical-events/autumn-statement-2016
HMRC complaints at seven-year high:-
https://www.cchdaily.co.uk/hmrc-complaints-seven-year-high
EU money laundering directive will see review of PSC register rules:-
https://www.cchdaily.co.uk/eu-money-laundering-directive-will-see-review-psc-register-rules
Employment law verdict - Uber taxi case:-
October 2016
HMRC to roll out real time PAYE coding adjustments by 2017:-
https://www.cchdaily.co.uk/hmrc-roll-out-real-time-paye-coding-adjustments-2017
The future of CIS:-
http://www.accountingweb.co.uk/tax/business-tax/future-of-the-construction-industry-scheme
Pound sterling:UK's trade-weighted currency index slumps to historic new low on hard Brexit fears:-
TTIP negotiators to push ahead despite anti-trade wave:-
September 2016
HMRC updates guidance for genuine HMRC contact and recognising phishing emails:-
Finance Act 2016 is passed:-
http://www.accountingweb.co.uk/tax/hmrc-policy/finance-act-2016-is-passed
HMRC switches to online acknowledgements for corporation tax returns:-
https://www.cchdaily.co.uk/hmrc-switches-online-acknowledgements-corporation-tax-returns
August 2016
Parents must update tax records for children post GCSE's by 31st August:-
MTD cash basis plan rewrites of accounting rules:-
http://www.accountingweb.co.uk/tax/hmrc-policy/mtd-cash-basis-plan-rewrites-accounting-rules
HMRC interest rates for late and earlt paymentd cut by 0.25%:-
https://www.cchdaily.co.uk/hmrc-interest-rates-late-and-early-payments-cut-025
Quarterly reporting requirements for Making Tax Digital set out in overdue consultation:-
Making Tax Digital proposes aboliton of annual tax return for partners and LLPs:-
HMRC change gateway passwords rules:-
http://www.accountingweb.co.uk/tech/tech-pulse/hmrc-changes-gateway-password-rules
Agents rebut HMRC calls for bank details on CT returns:-
https://www.cchdaily.co.uk/agents-rebut-hmrc-calls-bank-account-details-ct-returns
July 2016
Breaking down Brexit - what does it mean for the public sector:-
June 2016
Shifting the burden of IR35 in public sector:-
http://www.accountingweb.co.uk/tax/hmrc-policy/shifting-the-burden-of-ir35
The tax implications post Brexit:-
http://www.accountingweb.co.uk/tax/business-tax/the-tax-implications-post-brexit
Changes to statutory records and reporting to Companies House as of 30th June 2016:-
http://www.accountingweb.co.uk/business/financial-reporting/companies-house-rings-the-changes
Taxpayers must check P60s to aviod overpaying tax on savings:-
https://www.cchdaily.co.uk/taxpayers-must-check-p60s-avoid-overpaying-tax-savings
RTI late payment penalty scheme to remain until April 2017:-
May 2016
HMRC go live with verify indentity authentication:-
https://www.cchdaily.co.uk/hmrc-go-live-verify-identity-authentication?dm_i=B5X,48MEJ,I8SMM3,FGQBV,1
VAT Flat rate guidance updated by HMRC:-
http://www.accountingweb.co.uk/tax/business-tax/vat-flat-rate-scheme-guidance-changed
Pensions at risk over poor regulation with auto enrolment investments warn MPs:-
https://www.cchdaily.co.uk/pensions-risk-over-poor-regulation-auto-enrolment-investments-mps-warn
April 2016
HMRC seeks to impose control in new guidance:-
http://www.accountingweb.co.uk/tax/hmrc-policy/hmrc-seeks-to-impose-control-in-new-guidance
MP challenges HMRC over costly software requirements for plans to make tax digital:-
VAT MOSS in 2016 - What is next?
http://www.accountingweb.co.uk/article/vat-moss-2016-what-next/600029
Warning over scam HMRC emails being sent out:-
http://www.southyorkshiretimes.co.uk/news/local/warning-over-scam-hmrc-and-paypal-e-mails-1-7836506
March 2016
HMRC update student loan guidance for employers:-
https://www.cchdaily.co.uk/hmrc-updates-student-loan-guidance-employers
New National Living Wage becomes law on 1st April 2016:-
https://www.livingwage.gov.uk/
Budget 2016:-
Summary:- http://www.bbc.co.uk/news/uk-politics-35819797
Detail and documents:- https://www.gov.uk/government/topical-events/budget-2016
Tax code complexity "could damage economy":-
Digital accounting records to be compulsory:-
http://www.accountingweb.co.uk/article/digital-accounting-records-be-compulsory/597922
Warning for BACS payments over Easter:-
Companies House filings to go 100% online by 2019:-
https://www.cchdaily.co.uk/companies-house-filing-go-100-online-2019
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