HMRC’s Connect software
HMRC’s new powerful computer software called “Connect” came with an initial price tag of £45 million. In its first year, it reportedly delivered an additional £1.4 billion of tax revenue. [Read more…]
Late PAYE payments and debt
The timing of payments to HMRC needs to be 100% accurate as one day out means the payment is ‘late’, and multiple late payments = penalties. [Read more…]
Capital gains tax entrepreneurs’ relief
What is part of a business as opposed to an asset used in a business? [Read more…]
Employment allowance: eligibility
The Employment Allowance is available from 6 April 2014. If you are eligible you can reduce your employer Class 1 NICs by up to £2,000 each tax year. [Read more…]
HMRC – “We always send a letter”
HMRC has warned of a huge rise in the number of tax scams this year. [Read more…]
