hmrc Latest News

Office Assistants has been looking at the the requirement for real time information (RTI) to HMRC on payment to employees, which was phased in on 6 April.

Important Information for SME's regarding real time...

Industry/Government collaboration results in dramatic savings as pilot delivers cost-effective, fast and secure access for HMRC laptop users.

The Tax Partner of a Cornish firm of chartered accountants and chartered tax advisers is warning that HM Revenue and Customs is appealing a decision which could have a dramatic effect on the families of holiday let owners.

With many businesses unaware that RTI (Real Time Information) PAYE will be with us next year, the Peters Elworthy & Moore Payroll Team is choosing to bite the bullet by embracing the HMRC pilot scheme now

Commenting on today’s Budget announcement in relation to Qualifying Recognised Overseas Pension Schemes (QROPS), Tony Hales, Managing Director at Stadia Trustees, said:

We are reminding you to actually pay your tax bill by January 31 2012 and have highlighted the different payment methods available to do so.

This blog is a summary of offshore bonds and the advantage of the mainstream tax benefits of offshore investment bonds.

Leading East Anglian Chartered Accountancy, PEM responds to the HMRC clarification on its position on the treatment of VAT for salary sacrifice schemes

HMRC’s latest announcement on “pay day by pay day tax relief models” may have unwelcome connotations for the recruitment industry, and could lead to wages inflation according to the Association of Recruitment Consultancies (ARC).

With a host of charity events taking place across Bristol (UK) during the summer those taking part to raise money are being reminded to make sure all donations are done via the gift aid scheme.

If you are an expat and have worked in the UK and are now looking to transfer your UK pensions to a QROPS, it is of benefit if you have completed HMRC UK tax form P85. Vist our QROPS website for more details.

South West (UK) office of PKF Accountants & business advisers has welcomed the new tax amnesty aimed at plumbers, the Plumbers Tax Safe Plan( PTSP) but note it is open to anyone who has not fully disclosed their income in the past.

Trintech’s Unity XFR Financial Reporting Solution recognized by HMRC as iXBRL software provider

Business Link, in partnership with HM Revenue & Customs (HMRC), has launched an online resource to replace HMRC’s popular Employer CD-Rom. The new ‘Basic PAYE Tools’ will help local employers to manage their payroll systems.

Businesses in Corby are invited to attend a free Business Advice Open Day on Tuesday 8th March. This free event provides quality advice and assistance to local businesses in a friendly, informal ‘one stop shop’.

Christopher Lunn & Co, the media accountancy firm blacklisted by HM Revenue and Customs, faces legal action from clients whose tax affairs have been left in disarray.

A reminder from Tony Moorby, director of tax at the Bristol (UK) office of PKF for individuals, sole traders and partnerships to get their personal tax returns in before 31 January 2011.

Tax & Accounting business expert Graham Tilbury defines the impact of iXBRL and helps delegates prepare

Hard on the heels of recent moves by HMRC affecting several million PAYE taxpayers who had innocently believed that they’d already paid all the tax they were supposed to have paid...

Tripcatcher.co.uk helps drivers track their business miles.

Ez-XBRL Solutions has announced the release of its latest product, Ez-Inline. Ez-Inline is the ideal solution for organizations required to convert financial reports to the Inline XBRL standard.

iXBRL solutions powered by Arkk Solutions available exclusively from Sapphire

Property investors who have received a letter from the taxman asking for a call about unpaid tax on income from property letting need to speak to a property professional like Property Investment Expert.

HMRC will issue 25 million tax code notices this year. This is nearly double the amount that was sent last year. Clearly many of these are wrong.

Allen & Overy's UK tax partners predict the contents of this year’s pre-budget report

UK expats have had pension transfers to offshore investments in Gibraltar suspended in a row between the taxman and Gibraltar pension providers over income tax.

Payroll One has released its new integrated web based time and expense management solution.

New releases of all IRIS Accountancy Products include: Drummohr, PTP & IRIS Practice Suite - 44% of all UK accountancy practices*, receive their new release in time for new tax year, and are assured of full compliance

Epworth UK - Aquila Technology, the developer of accounting and payroll software for small to medium size businesses, announced that it has achieved HMRC Payroll Standard Accreditation for its HRPay payroll software.

CCH, the UK’s leading tax and accounting information provider, part of Wolters Kluwer, has signed a three-year agreement to provide HM Revenue & Customs with a range of online tax information.

Payroll One, based in Farnham, Surrey, has launched a UK payroll solution designed specifically for Professional Services Providers such as outsource payroll providers, bureaus and accountants.

Aquila Technology, the developer of accounting and payroll software for SMEs, announces the release of HRPay for the UK market. HRPay gives small employers all the features of a "big business" payroll system at a "small business" price.

Why would an accountant or accountancy firm outsource their payroll? Here are some thoughts..