SME Tax News

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.

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

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

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

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".

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.


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