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Archived SME tax news

PAYE avoidance scheme fails

Last Updated: 22 November 2016

A company engaged in a tax scheme to avoid PAYE and NICs. The Tax Tribunal found that the scheme did not work; infact it had not been put into effect.

Read more …

Back from the brink, or...the Spending Review

Last Updated: 28 March 2014

"Back from the brink" (or down the sink?). The Chancellor's announced the outcome of his Spending Review today.

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Guidance: 31 October filing deadline

Last Updated: 28 March 2014

HMRC has issued guidance on the 31 October tax return filing deadline. This year the paper filing deadline falls on a Sunday.

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New survey highlights agent difficulties in communication with HMRC

Last Updated: 28 March 2014

The Institute of Chartered Accountants in Scotland (ICAS) has just completed a member survey on HM Revenue & Customs errors and shortcomings. 

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NAO report slams tax agents' work

Last Updated: 28 March 2014

In a report published today, "HMRC: Engaging with tax agents", the National Audit Office (NAO) claims that taxpayers who are represented by agents are more likely to have under-declarations of tax than returns filed by non-represented taxpayers.

Read more …

HMRC's systems unavailable from 2.30pm Friday

Last Updated: 28 March 2014

Many of HMRC’s online services will be unavailable from 2.30pm on Friday 8 October until Monday am.

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PAYE crisis: adviser alert

Last Updated: 28 March 2014

HM Revenue and Customs (HMRC) say that they will be sending out 90,000 PAYE P800 notices per day from 9th October.

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Finance (No.2) Bill 2010

Last Updated: 28 March 2014

Finance (No.2) Bill 2010 (this will become Finance (No.3) Act 2010, in case you are baffled) has been published.

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NMW: new rates and age limits

Last Updated: 06 May 2014

New rates for the national minimum wage (NMW) come into force from today, with the age bracket for the main rate also changing to now include workers aged 21, and a new "apprentice rate".

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Finance (no 3) Act 2010

Last Updated: 28 March 2014

Don’t hold your breath but the third Finance Bill of 2010 (Finance (no 2) Bill) is due to be published at any time. It will in time become Finance (no 3) Act 2010.

Read more …

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