The announcement of a snap general election to take place on 8 June 2017 had an immediate impact on some of the most eye-catching announcements from the Spring Budget, with the parliamentary wash-up seeing key clauses dropped from the Finance Bill.
A range of provisions which allow civil penalties to be levied against residential landlords who commit offences under the Housing Act 2004 came into effect last month.
Landlords should be aware of the different rules which apply to furnished holiday lets and private rented properties, as the tax implications can be enormous.
Last year saw an important change to the way tax-deductible business expenses, which are paid to employees, are dealt with.
A report published by the National Audit Office (NAO) estimates that online VAT fraud and error cost the UK somewhere between £1bn and £1.5bn in lost tax revenue during the 2015/16 financial year.
Small-scale internet traders, including individuals and businesses who sell goods on websites such as eBay and Amazon, are being hit with ‘tougher penalties’ than larger businesses if they do not declare their income and pay the appropriate tax on their sales, according to a new study.
HM Revenue & Customs (HMRC) issued a record number of court orders to seize company assets in 2016, indicating that the tax office is happy to go after all businesses suspected of tax evasion.
Last month saw a scheme which has the potential to offer major savings on childcare costs start to be phased in.
With the clocks now having sprung forward and the new tax year upon us, what better time to give your business’ finances a spring clean?
While changes affecting private residential landlords have made headlines in recent years, the ATED regime is a significant cost for companies, LLPs and partnerships that own a UK residential property valued at more than £500,000.
New research from the Bank of England has shown that Britain’s businesses are feeling more confident and are planning to invest more in the months ahead.
As the National Minimum Wage prepares to go up this month, the Department for Business, Energy and Industrial Strategy has released its latest ‘rogue’s gallery’ of under payers – and it is the biggest list to date.
HM Revenue & Customs (HMRC) confirmed that it will extend the simplified cash basis of accounting for businesses with a turnover below £150,000.
Although designated as ‘trivial’ by the taxman, trivial benefits in kind can result in tax savings for you and your employees, which can be anything but trivial.
A number of prominent UK collection agencies appear to be closely monitoring liquidations and issuing some businesses and individuals who have purchased goods and services from now-liquidated companies with unexpected payment notices.
Small business users of the VAT Flat Rate Scheme who have low costs may see the rate they pay drastically increase under new changes, which came into effect at the beginning of this month.
Various rumours were swirling around Westminster in the days before Philip Hammond rose to deliver his first Budget – confirmed as the last time a major fiscal statement will be made in the spring.
Come and see us at the Restaurant show: The show is the definitive platform for the restaurant and foodservice market.
If we’ve not told you already, we’re part of the Pub 16 show, the only dedicated show for the UK pub industry.
HMRC are under pressure to deliver more revenue to the government in an attempt to balance the books.
A lot, if you want to learn the lessons of the growth hospitality sector of the decade: Casual Dining.
The government’s Enterprise Initiative Scheme (or EIS), a 30 second summary.
Two months on from the General Election result, the Chancellor of the Exchequer delivers his second Budget of 2015.
The Miller of Mansfield have been voted ‘Readers Restaurant of the Year’ by readers of the Good Food Guide.
Detailed in the 2014 Budget, you should claim the £1000 concession on your Business Rates.
Auto Enrolment (AE) into pensions is the one of the most far reaching changes for SMEs that the UK has seen for many years.
Auto Enrolment (AE) into pensions is now well underway and will be reaching your business VERY soon.
- Finance Bill shrinks in the parliamentary wash-up as PM announces snap election
- New civil penalty notices are now in effect for residential landlords
- A furnished holiday letting won’t just give your customers much needed relief
- P11D dispensations have been dispensed with
- Online VAT fraud and error costing UK dear
- HMRC issuing hefty fines to eBay and Amazon traders who fail to pay tax
- HMRC goes “nuclear” in pursuit of unpaid taxes
- Could you benefit from Tax-Free Childcare?
- Give your business’ finances a spring clean
- Does Annual Tax on Enveloped Dwellings (ATED) apply to you?
- Businesses are more buoyant, says the Bank of England
- Record number of employers underpaying workers
- Cash basis accounting for landlords
- Trivial in name only – do you know the rules on trivial benefits in kind?
- Warning over unexpected late payment notices in relation to now-liquidated companies
- Small businesses see changes to the VAT Flat Rate Scheme
- Spring Budget 2017
- The Restaurant Show: Preview
- Pub 16
- HMRC enquiries
- The Restaurant Show: What does it have to do with pubs?
- Private investment in pubs
- Summer Budget Statement 2015
- Miller Magic!
- Retail Rate relief scheme
- If you’re an employer, you should read this
- Pensions Auto Enrolment: All employers must read this…