The Government is carrying out a review on how to encourage more businesses to invest in “tried and tested” technologies, such as cloud accounting, mobile technology and e-purchasing.
The Government will launch a consultation into the taxation of private sector contractors, it has been announced.
The Government has posted new and improved advice to help taxpayers avoid scam emails and how to report fraudsters to the relevant authorities ahead of the upcoming GDPR.
HM Revenue & Customs (HMRC) has issued a public warning over so-called phishing emails, after it emerged that clever fraudsters are contacting taxpayers in-line with the tax authority’s own financial calendar in a bid to steal their personal information.
In order to run a successful business, it is important to have a keen oversight of performance on a month-by-month basis. This enables businesses owners to ensure their organisation is always running smoothly, and to determine when crucial decisions need to be made.
An interesting new study has revealed that 80 per cent of small businesses in the UK delegate bookkeeping and accounting tasks to ‘unqualified’ professionals in-house – a decision which appears to be costing many small and medium-sized enterprises (SMEs) dear.
Taxpayers are being reminded to tread carefully if they are contacted by telephone from someone who claims to be from HM Revenue & Customs (HMRC) – as the phone call could very well be a scam.
New changes affecting the way non-contractual payments in lieu of notice (PILONs) are taxed came into effect this April.
A firm of payroll and bookkeeping specialists is urging businesses to prepare early for a looming HM Revenue & Customs (HMRC) deadline for reporting employee and director expenses. Hitchin-based Modina issued the warning ahead of the 6 July 2018 deadline for the return of completed P11D forms to HMRC. HMRC requires employers to complete a[…]
A “detailed review” of Britain’s tax system is urgently required in order to improve access to tax reliefs and incentives for businesses and boost the growth of small and medium-sized enterprises (SMEs), the Office of Tax Simplification (OTS) has said.