Seven things you never knew about PAYE
With the biggest shake-up to Pay As You Earn (PAYE) in nearly seventy years about to start in April, we look at some interesting facts about PAYE.
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Updated tax app launched
Over 250,000 people have downloaded HM Revenue and Customs’ tax calculator app which allows people to work out how much tax they pay and how the Government spends it.
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Businesses warned on late VAT returns
As many as 50,000 businesses that have failed to submit VAT returns will be targeted by HM Revenue and Customs (HMRC) this month with warnings that their tax affairs will be closely scrutinised.
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PAYE attention – RTI is coming
Employers are being urged by HM Revenue and Customs to get ready for major PAYE changes that come into effect in three months’ time.
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Resolve to find ‘inner peace’ this January – file your tax return now
As the 31 January filing deadline is just weeks away, HM Revenue and Customs (HMRC) is calling on anyone who hasn’t sent in their 2011-12 tax return to do it now – and find “inner peace”.
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Many happy returns of the season
While millions of people were exchanging presents, feasting on turkey, and nodding off in front of the television, 1,548 people decided to take time out from the yuletide festivities and do their tax return online – a 40 per cent increase on Christmas Day 2011, when 1,100 people filed online.
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Streamlined Gift Aid for charity shops
New rules that will lift the administration burden for charities claiming Gift Aid on the proceeds of donors’ goods sold by charity shops have been announced by HM Revenue and Customs (HMRC).
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Find ‘inner peace’ – do your tax return now
A new HM Revenue & Customs (HMRC) advertising campaign is urging anyone who hasn’t sent in their 2011-12 tax return to do it now – and find “inner peace”.
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Child Benefit change: one month to go
High-earning child benefit recipients have a month to decide whether to stop receiving the benefit or to pay a charge on it through Self Assessment.
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Registration call for Self Assessment newcomers
HM Revenue & Customs (HMRC) is issuing a call to all Self Assessment newcomers preparing to send a tax return online for the first time – make sure you register for HMRC’s online services well in advance, so you have plenty of time to file your return.
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RTI – penalties approach published
HM Revenue and Customs (HMRC) has published guidance on penalties for late and inaccurate returns submitted in real time (RTI).
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Patent tax break makes YouTube debut
HM Revenue & Customs (HMRC) has produced a video on YouTube explaining the Patent Box, a new tax incentive designed to encourage companies to develop innovative products.
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