Johnson Murkett & Hurst

• THE TAX HEALTH PLAN (THP)
  HMRC have obtained information from various sources, including NHS trusts, private hospitals and medical insurers and are introducing the THP as an opportunity for medical professionals with tax to pay to get their affairs up to date with the benefit of a fixed penalty..........read more
• HMRC NEW SCAM EMAILS
  HMRC have issued a warning about a new scam email which is being sent from ‘HMRC Online Services – test@test.com’ stating that the recipient has one new ALERT message and should log onto their Online Account to read the........read more
• EMPLOYMENT RIGHTS - STATUTORY LIMITS
  The limit on the amount of the compensatory award for unfair dismissal is set to decrease from 1 February 2010. The current maximum of £66,200 is to reduce to £65,300, due to the decrease in the retail prices index measure of inflation. This new limit applies where the event giving rise to the entitlement.............read more
• DISPENSATIONS - NEW ONLINE APPLICATION FORM
  HMRC have introduced the facility to apply for dispensations online. Where an employer has a dispensation they do not have to report expenses and certain benefits to HMRC on forms P9D or P11D at the end of the tax year. Where employers have a dispensation in place this can be time saving...........read more
• TAX CODES BEING ISSUED
  HMRC are advising employees that between January and March 2010 they will be issuing new PAYE coding for 2010/11. The tax codes should reflect the individual’s personal circumstances and include the tax allowances and reliefs that individuals are entitled to. HMRC are advising that this is the first time the annual coding process..........read more
• SCRAPPAGE SCHEME
  The Vehicle Scrappage Scheme is a voluntary scheme for motor dealers under which participating dealers give buyers a £2,000 discount off the purchase price of a new car (or certain types of small van) in exchange for scrapping their old qualifying vehicle....... read more
• STATUTORY PAYMENTS
  The new Statutory Payment Rates for 2010/11 have been announced. The new rates are as follows: The current Statutory Sick Pay (SSP) weekly rate of £79.15 is being retained for 2010/11. The Statutory Maternity Pay (SMP) standard rate will be £124.88 for payment weeks beginning on or after 4 April 2010. The current rate is £123.06.............read more
• USING YOUR OWN CAR FOR WORK
  HMRC have updated their guidance on using your own vehicle for work. The guidance needs to be read in conjunction with the mileage rates which for those using their own car for work purposes are unchanged at 40 pence a mile for the first 10,000 miles dropping to 25 pence a mile thereafter...........read more
• TAX PAYMENTS
  For those making tax and national insurance payments on 31 January 2010 HMRC are reminding that their bank details changed last year. To confirm that you are making payment to the correct bank account please visit..........read more

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