Free information about companies20190611230000

Free information about companies

June 11, 2019
A surprising amount of free information about companies is available from Companies House. This is in line with the government’s commitment to free data and ensures that all publicly available digital data held on the UK register of companies...
VAT reverse charge construction industry20190611230000

VAT reverse charge construction industry

June 11, 2019
A change to the VAT rules first announced at Budget 2018, will come into effect from 1 October 2019. This change will make the supply of construction services between construction or building businesses subject to the domestic reverse charge. The...
HMRC cancels penalties charged to 6,000 families20190611230000

HMRC cancels penalties charged to 6,000 families

June 11, 2019
The High Income Child Benefit Charge (HICBC) was introduced in January 2013 and applies a charge to taxpayers whose income exceeds £50,000 in a tax year and who are in receipt of child benefit. The charge claws back the financial benefit of...
Genuine HMRC messages20190611230000

Genuine HMRC messages

June 11, 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 current list of genuine messages from HMRC. This includes email messages, text messages and...
On your e-bike20190611230000

On your e-bike

June 11, 2019
The Cycling Minister, Michael Ellis, has announced a number of changes to the Cycle to Work scheme in an announcement that was timed to coincide with Bike week. Bike week is an annual celebration to showcase cycling across the UK and runs from 8...
Cashback schemes and tax20190611230000

Cashback schemes and tax

June 11, 2019
Statement of Practice 4/97 sets out HMRC’s views on the correct treatment for tax purposes of commission, cashbacks and discounts. Cashbacks are taken to mean lump sums received by a customer as an inducement for entering into a transaction for...
HMRC blocks phone fraudsters20190611230000

HMRC blocks phone fraudsters

June 11, 2019
Fraudsters have been blocked from using HMRC’s most used helpline numbers after the introduction of new defensive controls. These fraudsters had been able to make calls to taxpayers across the UK which appeared to be coming from HMRC by...
Employer owned property and sub-letting20190611230000

Employer owned property and sub-letting

June 11, 2019
In some industries, employers provide accommodation to employees because this is required by the nature of the job. There are no tax charges in respect of the provision of living accommodation where it is necessary for the proper performance of...
Free television licences scrapped for over-75s20190611230000

Free television licences scrapped for over-75s

June 11, 2019
The TV licence fee has not been payable by those aged 75 or over since 2001. During 2015, the government reached an agreement with the BBC as part of the last charter renewal that it will take on the cost of free television licences for over-75s by...
Working tax credits you could claim20190604230000

Working tax credits you could claim

June 4, 2019
The Working Tax Credit (WTC) is designed to help taxpayers on low incomes by providing top-up payments and includes those who do not have children. There are extra amounts available for qualifying childcare expenses and working households in which...
New crackdown on funeral plans20190604230000

New crackdown on funeral plans

June 4, 2019
The government has announced new plans to crackdown on high pressure and bullying tactics to sell pre paid funeral plans. These tactics are often used to target those who are old and vulnerable and unaware exactly what they are buying. In some cases,...
Working past retirement age20190604230000

Working past retirement age

June 4, 2019
There are many taxpayers who have reached the State Pension age and continue to work. In most cases they no longer need to pay any National Insurance Contributions (NICs). At State Pension age, the requirement to pay Class 1 and Class 2 NICs on...
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