As part of the August 2023 employer bulletin and also spotlight 62, HMRC are communicating information on another failed tax … Continue reading Funding education by dividend diversion? It doesn’t work!
The Insolvency Service has launched a new online information hub to support company directors on Monday 10th July 2023. The … Continue reading New information hub for company directors launched to help make the right decisions at the right time
459 directors disqualified in 2022-23 for abuse of the pandemic financial support schemes, with average disqualification length of seven years … Continue reading Action taken against directors for COVID-19 financial abuse
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
The government on Friday 14th October 2022, announced (as part of the PM pres conference) that Corporation Tax will increase … Continue reading U-Turn on Corporation Tax
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government … Continue reading Payroll 2022-23: November changes to NICs
HMRC uses new powers to publicly name the directors of tax avoidance promoting companies. Tax avoidance bosses have been named … Continue reading Directors of a tax avoidance promoters named for the first time
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made … Continue reading Preparing for the 3rd National Insurance payroll change!
Directors disqualified under new powers to tackle directors from dissolving companies and walking away without paying their debts. The four … Continue reading Directors banned for abusing dissolution process
The government have launched a consultation to improve data in relation to employment and self employment. The consultation Proposes a … Continue reading Improving the data HMRC collects – consultation
Best Employment Services provided umbrella payroll services and outsourced its operations to a network of Isle of Man companies, and … Continue reading Umbrella company director banned
Rogue directors who dissolve companies and avoid paying liabilities to staff, creditors and the taxpayer can now be disqualified from … Continue reading Crackdown on directors who dissolve companies to evade debts
Since April 2016, the rates of Income Tax applicable to dividend income have been 7.5%, 32.5% and 38.1% for basic, … Continue reading Dividend tax increase April 2022
Running a small business and needing to find finance assistance, the latest blog by the Governments Actuarial Department (GAD) looks … Continue reading Finance for small businesses
The traffic commissioner for the West Midlands, Nick Denton, recently held a public inquiry into Mafuwer Logistics Ltd. The company … Continue reading Improperly obtained bounce-back loan
From next April the government will create a new, UK-wide, 1.25 per cent Health and Social Care Levy with dividends … Continue reading Health and Social Care Levy – Dividends
Off-payroll working rules (commonly known as IR35) changed on 6th April 2021. In efforts to overcome IR35 responsibilities some arrangements … Continue reading Off-payroll (IR35) contracted out services
In the agent update 87, the HMRC remind agents about an arrangement where a company creates an unfunded pension obligation … Continue reading Using unfunded pension arrangements
HMRC have issued information on fraud being committed by a number of Mini Umbrella Companies. HMRC claim that every business … Continue reading Mini Umbrella Company (MUC) fraud
For the second year running the HMRC have issued the National Insurance contributions tables very late on 6th April. Traditionally … Continue reading CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
Ahead of changes to the off-payroll working rules #IR35 on 6th April 2021, the HMRC answer some top questions about … Continue reading Off-Payroll working (IR35) – Questions about compliance
HM Treasury responded to a question on COVID-19 assistance for Directors on 22nd February 2021 The question: To ask the … Continue reading Parliamentary question – Directors Income Support Scheme response
Dear @PAYadvice, Today HMRC has announced that Self Assessment customers will not receive a penalty for filing their 2019-20 tax … Continue reading Changes to late filing penalty for 2019-20 Self Assessment returns
The NI Minister for the Economy has announced details of the Limited Company Director’s Support Scheme, to provide financial support … Continue reading Northern Ireland – Limited Company Directors Support Scheme
HMRC have updated the following relating to the extended Coronavirus Job Retention Scheme (Furlough) on Wednesday 13th January 2021. Page … Continue reading Coronavirus Job Retention Scheme guidance updated
The Self Assessment deadline is on 31st January 2021. SA filers can complete their tax returns online ahead of the … Continue reading Self Assessment deadline – 31st Jan is getting closer!
HMRC have updated their guidance 19th November 2020 about paying what is owed to HMRC and added new information about … Continue reading Disguised remuneration: settling your tax affairs #loancharge
Off-Payroll Working Rules (IR35): education and support to help prepare for April 2021 changes Medium or large-sized non-public sector organisations … Continue reading Off-Payroll working rules (IR35) – are you prepared?
Please see message sent on behalf of the HMRC’s Fraud Investigation Service, Threat Response Unit. This article has been written … Continue reading Fraud awareness – Mini Umbrella Company (MUC)
*Update* On Thursday 5th November 2030, the UK government confirmed a further extension of CJRS until the end of March … Continue reading Job Support Scheme – Guidance Published (30th October 2020)
With less than 6 months until new law comes into effect, has your business put in place plans to implement … Continue reading Off-payroll workers – have you prepared?
Dear PAYadvice.UK We’re writing to let you know that we have published additional information on the Job Retention Bonus, including … Continue reading Important information about the Job Retention Bonus
Two new leadership programmes to help small business leaders grow in the wake of the coronavirus pandemic have been launched … Continue reading £20 million to improve small business leadership and problem-solving skills #coronavirus
In a response to the House of Lords sub committee, the U.K. government are continuing with plans to progress the … Continue reading Off-Payroll Working – government response
The Coronavirus Job Retention Scheme Part 1 is soon coming to an end on 30th June 2020. Announced by the … Continue reading #coronavirus Job Retention Scheme and Self Employed Income Support Scheme update – 21st June 2020
new figures highlight Government support in protecting jobs and helping individuals across all four nationsstatistics for Coronavirus Jobs Retention Scheme … Continue reading UK Government figures confirm support for incomes across all nations during #coronavirus #COVID19
PAYadvice (as an AML HMRC regulated agent) can assist with the filing of the Loan Charge form on your behalf. … Continue reading Disguised remuneration Loan Charge – 20th September 2020 deadline
New HMRC guidance explains how Self Assessment customers who have been affected by #coronavirus can defer their payment on account … Continue reading Self Assessment – Affected by #COVID19 – Defer your July payment – #coronavirus
https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme HM Government have added further clarifications 30th April and two on 1st May. New information has been added 30/4/2030 … Continue reading Version 7, 8 and 9 of ‘Check if your employer can use the Coronavirus Job Retention Scheme’ #COVID19 #coronavirus