What to make of Philip Hammonds announcements last week

Mar 22, 2018

Firstly, the Chancellor’s announcement to Parliament last week was not a budget speech. There were no tax changes announced, in fact, the only change that was announced was to bring forward the expected…

Read more

Ken Dodd has the last laugh

Mar 21, 2018

According to recent press commentary, Ken Dodd married his long-time partner, Anne Jones, just two days before he died. With an estate estimated to be £7m, the executors were facing an Inheritance Tax…

Read more

Making Tax Digital - a reminder for VAT registered traders

Mar 20, 2018

From April 2019, certain self-employed businesses will be required to file VAT returns direct to their online personal tax accounts with HMRC. Eventually, all income and allowances will be kept in the…

Read more

GDPR, 75 days to go

Mar 19, 2018

A reminder that the General Data Protection Regulation is due to become law 25 May 2018. At the time of writing this blog, that’s 75 days to become compliant.

Why should you take the…

Read more

Spring Statement 2018

Mar 14, 2018

As you would expect, the Spring Statement delivered by the Chancellor Philip Hammond, to Parliament on 13 March 2018, was peppered with party political jibes no doubt intended to lift the spirits of…

Read more

Time to raid piggy banks

Mar 08, 2018

From the 1 March 2018, the old-style £10 notes featuring Charles Darwin, ceased to be legal tender. A recent announcement by Companies House suggests the following actions:

Time is ticking…

Read more

Massive fine for making VAT payment one day late

Mar 06, 2018

In a recent case considered by the courts a company was fined £297,845 for being one day late in paying their VAT.

The case highlights the unpredictable, and seemingly harsh outcomes of HMRC’s…

Read more

New protection for company directors from identity fraud

Mar 05, 2018

The Department of Business, Energy & Industrial Strategy issued the following announcement last week:

  • Company directors are twice as likely to be victims of identity fraud, research shows
  • New…

Read more

Tax and making loans to employees

Mar 05, 2018

A reminder that making loans to your employees or their relatives can create tax problems for employees and employers. For example, the employer will have an obligation to report a beneficial loan to…

Read more

Sign up to our newsletter

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

Sign up