Newsletter...
October 2011 - ENEWS
In this month’s enews we report on HMRC’s latest disclosure opportunity. Please contact us if you would like any further details on any of the issues covered.
- HMRC LAUNCH THE TAX CATCH UP PLAN
HMRC have launched a campaign to target private tutors and coaches who have undeclared tax liabilities. The Tax Catch Up Plan (TCUP) is aimed at individuals who provide private lessons, or who profit from tuition and coaching, as a main or secondary income where the correct tax has not been paid........read more - PLAN TO BOOST THE ECONOMY
The Institute of Directors (IoD) has proposed a new economic growth plan which aims to improve business investment and development. ‘The Route Back to Growth’ contains several recommendations including..........read more - HMRC EXTEND BUSINESS RECORDS CHECKS
HMRC have announced that they are extending their Business Records Checks programme. These checks were piloted earlier this year and involved checks on the adequacy of Small and Medium Sized Entities’ business records. The pilots apparently found that around 44% of businesses visited had issues with their record-keeping..........read more - MAKE SURE YOUR EMPLOYEE INFORMATION IS CORRECT
HMRC are reminding employers of the importance of correct employee information and have updated the questions on the introduction of Real Time Information (RTI). They have issued a number of questions and answers stressing the importance of correct details in the run up to the introduction of RTI in 2012/13...........read more - NATIONAL INSURANCE NUMBERS - BY LETTER
HMRC have for many years notified individuals of their National Insurance number (NI No) for the first time by sending them a plastic NI No card. Last year, as part of the Government's Spending Challenge, it was announced that HMRC would stop issuing NI No cards and send letters instead........read more - HMRC ISSUE UPDATED GUIDANCE FOR EMPLOYEES ON CHILDCARE
HMRC have updated their guidance on employers helping with childcare costs. Leaflet IR155 which sets out the circumstances and the amounts of tax and National Insurance (NI) free childcare costs that an employer may provide has been updated..........read more
Previous ENEWS Archives
December 2011 | November 2011 | October 2011 | September 2011 | August 2011 | July 2011 | June 2011 | May 2011 | April 2011 | March 2011 | February 2011
