Scott & Wilkinson Blog - Page 33
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.
HMRC to allow telephone VAT filing
Date: 10/07/14
Businesses should note that HM Revenue and Customs (HMRC) will now allow VAT returns to be filed over the telephone in exceptional circumstances. Following a technical consultation this spring, businesses will be able to file over the phone when... Read More
HMRC close last remaining enquiry centres
Date: 01/07/14
Individuals and businesses should note that HM Revenue and Customs (HMRC) is closing its last enquiry centres this week, meaning taxpayers can no longer drop in for advice. The closure of the centres mean that taxpayers with queries will have to... Read More
Tax credit scam emails on the rise
Date: 23/06/14
Tax credit claimants are warned about scam or phishing emails promising money back that are being sent out by fraudsters ahead of the 31 July renewal deadline. According to HMRC, May 2014 has already seen a 131% increase in phishing emails, compared... Read More
Employers warned over holiday pay
Date: 15/06/14
Employers are warned to ensure they are calculating holiday pay correctly after a number of recent legal challenges. According to the Working Time Regulations (1998) (WTR 1998), all workers are entitled to 5. 6 weeks' statutory annual leave. Workers... Read More
High earners warned of HMRC self assessment checks
Date: 10/06/14
High earning individuals are warned that HM Revenue and Customs is sending out letters asking taxpayers to double-check whether they have put down the correct information on their self-assessment return. HMRC has recently begun a process of sending... Read More
New flexible working scheme to come into force
Date: 05/06/14
Employers are reminded that from 30 June all employees will have the right to request flexible working. Currently, flexible working is only available for employees with caring responsibility for children 16 or under or adults which are relatives or... Read More
Potential changes to elections for PPR Relief
Date: 01/06/14
Owners of second homes are warned about potential changes to elections in regard to Principal Private Residence Relief (PPRR). PPRR is a special Capital Gains Tax (CGT) relief that is available on the sale of a person's home. PPRR is particularly... Read More
Don't be exposed to P11D problems
Date: 30/05/14
Employers are warned about potential problems they may face filling in P11D forms. Employers are required to submit P11D forms for each employee they have provided benefits or expense during the tax year. Forms must be filed by July 6, setting out... Read More
HMRC to access thousands of bank accounts for unpaid tax
Date: 13/05/14
Anyone with tax debts is advised to take steps to get their affairs in order or face having their bank account raided by HM Revenue and Customs (HMRC) to recover the amount owed. Chancellor George Osborne first announced the new powers for HMRC in... Read More
