Tenth anniversary of first Debt Relief Order20190416230000

Tenth anniversary of first Debt Relief Order

April 16, 2019
Debt Relief Orders (DROs) were first introduced in April 2019. The DROs assist people who have small levels of assets and insufficient surplus income ...
Estate Agents targeted20190416230000

Estate Agents targeted

April 16, 2019
HMRC has launched an unannounced crackdown on money laundering regulation non-compliance by estate agents. This clampdown resulted in over 50 visits b...
Dormant assets scheme expanded20190410040000

Dormant assets scheme expanded

April 10, 2019
Under the current scheme, banks and building societies transfer the money held in dormant accounts to a central reclaim fund. The reclaim fund is resp...
Dormant bank accounts20190403040000

Dormant bank accounts

April 3, 2019
There is a free tracing service called 'mylostaccount' to find lost bank accounts. The service brings together the three tracing schemes of the Britis...
Is HMRC’s message real or fake?20190326230000

Is HMRC’s message real or fake?

March 26, 2019
HMRC has issued an updated version of their online guidance on Genuine HMRC contact and recognising phishing emails and texts. The guidance provides a...
Keep abreast of Brexit news20190320040000

Keep abreast of Brexit news

March 20, 2019
As the Brexit date fast approaches, it seems the only thing we can say with any certainty is that uncertainty continues to plague the issue of our lea...
What is a finance lease?20190320040000

What is a finance lease?

March 20, 2019
The definition of a finance lease can be difficult to pin down. In legal form a finance lease is just another lease - the legal ownership of the asset...
2019 Spring Statement: employment implications20190319230000

2019 Spring Statement: employment implications

March 19, 2019
In the Spring Statement 2019, the Chancellor of the Exchequer has announced that the apprenticeship reforms set out in the Autumn Budget 2018 will now...
Lost your Unique Tax Reference number?20190314040000

Lost your Unique Tax Reference number?

March 14, 2019
Your Unique Taxpayer Reference (UTR) identifies your tax records at HMRC. The number is also known as your taxpayer number or tax reference number and...
Have you received income in the form of loans?20190306040000

Have you received income in the form of loans?

March 6, 2019
HMRC has issued a new briefing paper on disguised remuneration charge on loans. Disguised remuneration schemes are tax avoidance arrangements that see...