According to new research, more than half of pension savers are unsure of the tax rules surrounding the pension freedoms introduced earlier this year.
HMRC confirms stance on VAT accounting changes
UK businesses only need to change the way that they account for VAT on transactions between overseas members of the same corporate group if they operate in countries whose tax laws work the same way as in Sweden, HM Revenue … Continue reading
FRC calls for clear year-end reports from smaller firms
The Financial Reporting Council (FRC) is calling on smaller listed companies to write concise and understandable year-end reports with clear explanations of how they generate cash flow as well as detailed information about accounting policies.
HMRC turns attention to ‘affluent’ taxpayers
HM Revenue & Customs (HMRC) has announced that it has doubled the number of inspectors trawling through the tax files of individuals earning £150,000 or more.
Autumn Statement 2015
Statement Summary For the third time in 2015, the Chancellor of the Exchequer has taken to the despatch box to update the Commons and country as a whole on the state of the nation’s finances. There was a lot of … Continue reading