HMRC will start targeting businesses across the country later this month as it rolls out a new "fresh approach" to Business Records Checks (BRC) visits. As of 26 November HMRC will start visiting small and medium-sized businesses in London and East Anglia to check their records. The visits take place over a ... Read More
HM Revenue & Customs (HMRC) has launched a campaign aimed at around 400,000 people involved in direct selling, to help them understand their tax obligations. Marian Wilson head of HMRC Campaigns explains. Our latest campaign focuses on the growing number of people involved in direct selling - sometimes referred to as ... Read More
Taken from Calum Fuller's article on Accountancy Age website A QUARTER of small businesses are still unaware of incoming changes to the way tax filing changes to PAYE. Real-time information (RTI) is due to come into force from April 2013, and will see companies report changes as and when they occur, instead ... Read More
HMRC have announced a rule change for child benefit claimants with income over £50,000. If you expect your income to exceed £60,000, the point at which all child benefit is clawed back, you can opt for no benefit to be paid in the first place. However, HMRC have announced that ... Read More
Thousands of parents are expected to receive letters from HMRC this month outlining changes to the way child benefit is claimed, including details of the new claw-back charge for higher earners. The new system, to be introduced from 7 January 2013, will impose the so-called high income child benefit tax charge ... Read More
GOV.UK launched on 17 October, initially replacing Business Link and Directgov. This is the first step towards making GOV.UK the definitive website for interacting with central government.
HM Revenue & Customs is developing a "Tracker" system that will help taxpayers and agents to monitor turnaround times for post, claims, and the like. The Tracker, which can be found on HMRC's website allows the querist to select the nature of the communication with HMRC (claim a refund, ... Read More
The dates for the Autumn Statement 2012 have been released. The Chancellor of the Exchequer, George Osborne, will begin proceedings on Wednesday 5 December at 12.30pm. The draft Finance Bill 2013 clauses are due for release six days later on the 11 December 2012. The Autumn Statement will provide an update ... Read More