HMRC warning: time to declare offshore assets HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes
HMRC warning: time to declare offshore assets HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes
Diary of main tax events - July / August 2018 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months including key deadlines
Trust Taxation We are still awaiting the promised consultation on trust taxation announced in the Autumn 2017 Budget. However, in the meantime HMRC have updated their guidance on how different types of
It’s more important than ever to do your Tax Return in good time The tax year is already well underway and most clients have got their information to us by 30 September
Changes to termination payments Care is always required when employees are made redundant or payments are made on the termination of employment. Not only are there employment law considerations, there are also
Charities Gift Aid Small Donations Scheme (GASDC) Whilst on the subject of the reduction in cash transactions for charities, may we take the opportunity to remind you of charities Gift Aid Small
Are you sure you or your workers are self-employed? Last year we reported that the House of Commons Work and Pensions Committee published a report calling on the Government to close the
If your pension savings exceed the annual pension input limit (generally £40,000) then there is an annual allowance charge. The effect of the annual allowance charge is to reduce tax relief on
Increase your Pension Savings before 6 April 2018 to reduce payments on account. Unfortunately investing more in your pension now will not reduce your 2016/17 tax liability, however if you invest before 6
Diary of main tax events - January / February 2018 Welcome to this month’s Tax Diary, providing you with all the main tax events for the next couple of months including key deadlines