Scott & Wilkinson Blog - Page 30

Please select a news item listed below which may be of interest to you. Alternatively, please review our archives at the bottom of the page by year. If any of them are of interest and you require more information, please do not hesitate to contact the office.


Be prepared for changes to prompt payment discounts
Be prepared for changes to prompt payment discounts

Date: 17/03/15

Business owners are reminded that HM Revenue and Customs (HMRC) has announced the rules surrounding VAT declaration on prompt payment discounts (PPDs) are changing from 1 April 2015.  PPDs offer a reduction to the price of goods and services... Read More

(0) Comments

Employers to reveal gender pay gap
Employers to reveal gender pay gap

Date: 10/03/15

Companies that employ more than 250 people are reminded that they will soon have to reveal differences between average pay for male and female workers under a change to a law passing through Parliament. Large firms that do not comply with the new... Read More

(0) Comments

TTIP of the Iceberg
TTIP of the Iceberg

Date: 09/03/15

The future of the UK's SMEs could be threatened if the Transatlantic Trade and Investment Partnership (TTIP) is introduced. TTIP would bring benefits to big business, but SMEs seem set to lose out.  A huge majority of UK firms are SMEs and they... Read More

(0) Comments

Employers reminded about the change in rules regarding PAYE
Employers reminded about the change in rules regarding PAYE

Date: 05/03/15

Businesses are reminded that they will no longer be automatically penalised for failing to file PAYE information under new changes to the legislation. Under the new rules HM Revenue and Customs (HMRC) has said that they will not impose PAYE filing... Read More

(0) Comments

Did you forget to file your tax return on time?
Did you forget to file your tax return on time?

Date: 10/02/15

People who filed their tax returns late are warned to be prepared for fines and to deal with them quickly before they become a bigger issue. The latest figures from HM Revenue and Customs (HMRC) showed that more than 890, 000 failed to return their... Read More

(0) Comments

Check your tax code for HMRC errors
Check your tax code for HMRC errors

Date: 05/02/15

Up to three million people who have more than one source of income could potentially face backdated tax bills of £2, 000 per year because of errors made by HM Revenue and Customs (HMRC). Among those most likely to be affected are veterans who draw... Read More

(0) Comments

Look out for unofficial HMRC emails
Look out for unofficial HMRC emails

Date: 27/01/15

People are warned to be aware of fraudulent emails and imitation HM Revenue and Customs (HMRC) websites as the 31 January deadline for self-assessment tax returns looms.  The number of so-called 'phishing' emails correspondence designed to acquire... Read More

(0) Comments

Self assessment 'worst offenders' reminded to get their returns in on time
Self assessment 'worst offenders' reminded to get their returns in on time

Date: 22/01/15

With only a week left until the deadline for self-assessment tax returns, people are reminded to get their documents filed on time. It comes after new data released by HM Revenue and Customs (HMRC) revealed that young men aged between 18 and 20 were... Read More

(0) Comments

HMRC clamps down on horsebox owners
HMRC clamps down on horsebox owners

Date: 20/01/15

Horsebox owners are warned that they are set to be the subject of an HM Revenue and Customs (HMRC) investigation, as it continues its clampdown on tax evasion. HMRC apparently suspects that some farmers and rural business owners are buying... Read More

(0) Comments


Blog Archives

Arrange your free consultation

We offer a free, no obligation consultation with one of our experienced advisors to discuss all your business and accounting requirements. Complete the request form and one of our friendly advisors will be in touch shortly to arrange your consultation.

Arrange Now

Memberships & Accreditations

When appointing a firm of accountants it is important to check that they are appropriately registered and regulated.

Our clients can be assured that Scott & Wilkinson is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities and is an authorised training partner.