HMRCs accounts – report by Committee of Public Accounts
The following statement was published on the UK Parliaments website 2 July 2013. Please note that the tax gap referred to in Margaret Hodge’s remarks
The following statement was published on the UK Parliaments website 2 July 2013. Please note that the tax gap referred to in Margaret Hodge’s remarks
British cosmologist and astrophysicist Martin Rees has been charged with identifying a modern day Longitude Prize – this was set by the British Government in
The appointment of Mark Carney as the new governor of the Bank of England has received guarded approval from the financial press this week who
There are a number of circumstances where care needs to be taken in the way in which claims are made for the business use of
Employers please note that the National Minimum Wage rates are increasing from 1 October 2013. They will be: Apprentice rates: £2.68 per hour. * But
Readers may be interested to take a look at the conclusions reached by the recent G8 meeting at Lough Erne, Northern Ireland. Their full declaration
The Budget 2013 included a stated intention that HMRC would be enabled to take a fresh look at the possible manipulation of profit and loss
At the conclusion of the recent G8 summit at Lough Erne, a form of consensus was achieved in order to tackle the thorny issue of
HMRC have a recurring issue with individuals that have changes to their employment circumstances. Due to the “instantaneous” impact of PAYE, tax is deducted when
An aggrieved public sector worker in Hungary was dismayed when a lump sum, paid to her on retirement, was taxed at 98%. She appealed the
The debate continues! David Cameron has advised the G8 summit that the UK will draw up a register of beneficial owners of companies. The measure
Next week the world’s richest nations will be meeting in Northern Ireland and are expected to consider ways that they can address the present exploitation
Our Government believes that it can recover £300m within two years by redefining the tax status of certain partners as “salaried”. At present all individual
The British Retail Consortium is setting up a working group to look at the burden of taxation now suffered by the High Street retail sector
1 June 2013 – Due date for Corporation Tax due for the year ended 31 August 2012. 19 June 2013 – PAYE and NIC deductions