Pension decision period extended

Apr 29, 2014

Last month we touched on the changes that HMRC is introducing to the treatment of defined contributions pensions. HM Treasury has now issued the following update that clarifies the position of people…

Read more

VAT Mini One Stop Shop (MOSS)

Apr 29, 2014

Currently, the place of taxation for broadcasting, telecommunications and e-services (BTE) supplies is determined by the location of the supplier of the services. However, from 1 January 2015, the…

Read more

Tax Diary May/June 2014

Apr 29, 2014

 1 May 2014 - Due date for Corporation Tax due for the year ended 31 July 2013.

 19 May 2014 - PAYE and NIC deductions due for month ended 5 May 2014. (If you pay your tax electronically…

Read more

New criminal offence for individuals who hide money offshore

Apr 23, 2014

The government is consulting on plans to introduce a new strict liability criminal offence for individuals who hide their money offshore. Under the plans announced by the Chancellor, HM Revenue &…

Read more

Unemployment drop...

Apr 22, 2014

Figures recently published by the Office for National Statistics show that unemployment has dropped below 7% for the first time since the recession and employment has seen the biggest annual jump…

Read more

Government announces extension for pension decision period

Apr 17, 2014

The government announced recently that people who have recently taken a tax-free lump sum from their defined contribution pension will be given 18 months rather than 6 months to decide what they wish…

Read more

Radical proposal to change private residence relief

Apr 15, 2014

At present, it is possible to make an election, in certain circumstances, allowing owners of more than one residential property to choose which property is their main residence. In this way a measure…

Read more

Office for Budget Responsibility (OBR) issues conflicted information

Apr 10, 2014

It would seem that economic indicators confuse economists as well as the rest of us. The first two paragraphs of the recently published Executive Summary of the OBR makes for interesting reading.

 Here’s…

Read more

Don\'t forget to claim Employment Allowance

Apr 08, 2014

Employers are reminded to claim the £2,000 Employment Allowance which commenced 6 April 2014. Basically, employers can reduce their National Insurance contributions by a maximum £2,000 in the current…

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up