Scott & Wilkinson Blog - Page 40
Please select a news items listed below which maybe of interest to you. Alternatively, please review our archives down the right-hand side, searching either by category or by date. If any of them are of interest and you require more information, please do not hesitate to contact the office.
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
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
Businesses are reminded that the ability to reclaim Statutory Sick Pay (SSP) in certain circumstances under the Percentage Threshold Scheme (PTS) has been abolished. The Government withdrew the scheme from 6th April in order to establish a new... Read More
Families are reminded of the importance of inheritance tax planning after new research revealed that the UK has one of the highest rates in the world. The threshold at which inheritance tax (IHT) becomes payable in the UK is currently £325, 000,... Read More
People with unpaid national insurance contributions (NICs) are warned that private debt collectors could be used to recover the money they owe to HM Revenue and Customs (HMRC). People paying tax through Pay As You Earn (PAYE) as an employee, or who... Read More