The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June 2017; these Regulations bring the EU’s Fourth Money Laundering […]
The pace of house price rises may be slowing, but more and more homebuyers are having to pay stamp duty land tax (SDLT). HM Revenue & Customs (HMRC) saw […]
The EIS (Enterprise Investment Scheme) is designed to encourage investment into UK businesses and it is one of the only Government-backed tax incentive schemes open to SMEs and new start-up […]
A PILON is a payment made to an employee when their employment is terminated without notice (ie in lieu of the employee working through a notice period and receiving pay […]
The minimum auto enrolment pension contributions are set to increase this April, and again in April 2019. The minimum contribution will increase from 2% to 5%. Employers must contribute a […]
The National Living Wage and Minimum wage will change on 1 April when new rules announced in 2017 come into effect. 1 April will also see an increase to the […]
Contractors carrying out the renovation of dwellings that have been empty for two years or more can still apply the VAT reduced rate of 5%. Although this has been in […]
A bus company and its managing director will have to pay more than £60,000 after they admitted trying to avoid giving their staff workplace pensions. This is understood to be […]
According to HMRC, a record 10.7 million taxpayers submitted their tax returns before the 31 January deadline; however, over 758,000 people cut it fine, leaving it to the last […]
Every year, shortly after the 31 January personal tax return filing deadline, the HMRC “late filing penalty” launch begins. Some are valid, many are not, but nearly all will now […]
