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Category Archives: Latest News

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Payroll sector prepares for key changes in 2019/20

Posted on February 11, 2019 by Howard Roth

The next 12 months will see a number of new changes to payroll policy that could have an impact on a wide range of businesses. To give an overview of how businesses could be affected by these changes, below are … Continue reading →

Entrepreneurs’ Relief changes fail to meet up to the test

Posted on February 11, 2019 by Howard Roth

During the last Budget, the Government announced new conditions to entrepreneurs’ relief that would take immediate effect to change the definition of a “personal company” for shareholders who claim entrepreneurs’ relief. By introducing these changes, they hope to restrict shareholders … Continue reading →

Just over half of businesses are prepared for Making Tax Digital

Posted on February 11, 2019 by Howard Roth

A new study into preparations for Making Tax Digital amongst businesses has found that only 57 per cent of firms are ready to comply with the new regime by 1 April 2019. Despite the various delays and changes to the … Continue reading →

Late payers to be flagged up to businesses under new proposals

Posted on February 11, 2019 by Howard Roth

The Small Business Commissioner, Paul Uppal, has recommended a new “traffic light” system that will warn smaller firms which businesses have a consistent record of late payment and those most likely to request longer payment terms. It is thought that … Continue reading →

HM Revenue & Customs drops insistence that all company directors must submit tax returns

Posted on February 11, 2019 by Howard Roth

HM Revenue & Customs (HMRC) has dropped its insistence that all company directors must submit tax returns following a series of tribunal rulings. For several years, HMRC has advised in its guidance on the gov.uk website that company directors should … Continue reading →

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