New off-payroll working rules come into force: what you need to know
Medium and large employers are now required to determine the employment status of contractors after major changes to the off-payroll working rules came into force this month.
New call for professional accountancy standards
Calls have been renewed for the Government to make membership of a recognised professional body mandatory for anyone offering paid-for tax accountancy services.
New legal minimum wage comes into force from today, Government confirms
The new minimum rate of pay for workers in England comes into force today, 01 April 2021, it has been confirmed.
America could slap 25 per cent trade tariffs on the UK
The UK could face trade tariffs of up to 25 per cent on a host of exports in retaliation against a tax on US tech giants.Continue reading
Two in five businesses report cyber attacks in last 12 months, major study reveals
Two in five UK businesses have experienced a cyber-attack in the last 12 months, a major study has revealed.
Government to crack down on rogue tax advisers
Accountants who provide tax advice may be required to hold professional indemnity insurance (PII) under new laws proposed this week.
Putting off completing your HMRC Self Assessment is no longer an option as the April deadline approaches
To avoid incurring the wrath of the taxman, Self Assessment taxpayers have just over a week to get their self-assessment in order to pay any outstanding tax liabilities in full. Alternatively, they can set up an online payment plan for the 2019/20 financial year to avoid incurring penalty charges, according to HM Revenue & Customs (HMRC).
COVID vaccination success provides businesses with confidence
The success of the COVID vaccination programme helped to instil confidence within many UK businesses once more. A survey revealed that the number of confident firms is at its highest level since 2018.
Basic Payment Scheme opens for applications following “biggest change to agricultural policy in half a century”
Farming and agricultural businesses can now apply for 2021 payments under the new Basic Payment Scheme (BPS), it has been announced.Continue reading
Increasing number of taxpayers targeted with threatening tax scams, HMRC warns
Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned.Continue reading
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