2024 has been a year to remember in tax thanks largely to the effect of the General Election, which resulted in a change in government, which in turn resulted in two Budgets. We review our Top Ten Tax Hits of 2024.
Happy New Year!
Best wishes from all the team here at Rossmartin.co.uk and looking forward to a dazzling 2025 now we have joined up with our buddies at 2020 Innovation Training.
Ross Martin Tax: SME Tax News 19 December 2024
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We have a seasonal special for you this week with top tips for Self Assessment and interesting news and cases, including a freezing order on perpetrators of a massive NHS PAYE fraud and a review of an EU regulation that affects many UK businesses selling online in the EU and NI.
Ross Martin Tax: SME Tax News 12 December 2024
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Wales set its Budget for 2025-26 this week, the CIOT and ICAEW create a benchmark for HMRC service standards, and as Managed Service Companies (MSCs) hit the headlines again we consider why MSCs are a problem for accountancy firms.
HMRC could save £36m in call efficiencies
Tax and accountancy bodies have completed a survey of HMRC’s service levels with some uncomfortable findings: well over a third of calls to HMRC are unproductive. The data harvested sets a new baseline standard for improvement and, future monitoring has now been established.
Wales sets its 2025-26 Budget
Mark Drakeford, Cabinet Secretary for Finance and Welsh Language set out the 2025-26 Welsh Budget on 10 December 2024.
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