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Latest News for Business

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HMRC warning: time to declare offshore assets

06 Sep 2018

HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new 'Requirement to Correct' legislation comes into force.

Stamp duty cut

06 Sep 2018

According to the latest statistics 121,500 first-time buyers have saved a total of £284 million.

Software suppliers - Making Tax Digital for VAT

06 Sep 2018

HMRC is working with more than 150 software suppliers who have said they will provide software for Making Tax Digital for VAT (MTDfV) in time for April 2019.

Advisory fuel rates for company cars

06 Sep 2018

New company car advisory fuel rates have been published which take effect from 1 September 2018.

HMRC latest guidance for employers

06 Sep 2018

HMRC has published the latest edition of the Employer Bulletin.

'No deal' Brexit guidance

06 Sep 2018

The government has issued some 'no deal' Brexit technical notices, with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not being realised.

Bank of England raise interest rate

02 Aug 2018

The Bank of England has raised the interest rate from 0.5% to 0.75%.

Making Tax Digital for VAT

02 Aug 2018

HMRC has published further information on Making Tax Digital for VAT (MTDfV).

Scotland introduces relief for first time buyers

02 Aug 2018

First-time buyers in Scotland will be helped to purchase their first home through a new tax relief which applies to Scottish Land and Buildings Transaction Tax (LBTT).

Next round of tax draft tax legislation published

02 Aug 2018

The government has published draft legislation for Finance Bill 2018-19 which is currently open for consultation.

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