by MAS | Mar 25, 2018 | Uncategorized
A First Tier Tribunal has ruled that Christa Ackroyd who presented BBC news programme Look North and was paid via a personal service company was caught by the IR35 rules resulting in additional tax and national insurance contributions being payable. The IR35 rules in...
by MAS | Mar 20, 2018 | Uncategorized
New company car advisory fuel rates have been published which take effect from 1 March 2018. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car....
by MAS | Mar 12, 2018 | Uncategorized
Date What’s Due 1/03 Corporation tax payment for year to 31/5/17 (unless quarterly instalments apply) 19/03 PAYE & NIC deductions, and CIS return and tax, for month to 5/03/18 (due 22/03 if you pay electronically) 1/04 Corporation tax payment for year to 30/6/17...
by MAS | Mar 12, 2018 | Uncategorized
HMRC have announced that they are looking for suitable businesses to sign up for the pilot testing of the new system of digital reporting of VAT information. After a period of testing the new system is scheduled to go live in April 2019 for VAT registered businesses...
by MAS | Mar 12, 2018 | Financial news, HMRC, VAT
A company has been hit with a very harsh penalty the first time it paid late – by one day. How did this happen, and can you avoid surcharges by paying on time? Default. The default surcharge regime for VAT is unlike the normal penalty charging rules for other...