Regular Tax Updates
& Business News

  • Budget will not now take place on 6 November

    November 2019

    On 25 October 2019 the Chancellor of the Exchequer Sajid Javid wrote to the Treasury Select Committee to confirm that the Budget will not now take place on 6 November…

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  • Christa Ackroyd loses IR35 appeal

    November 2019

    Former BBC presenter Christa Ackroyd has lost her appeal against a ruling that she was an employee, not a freelance contractor, when she worked for the BBC via a personal…

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  • Clamp down on enablers of tax avoidance schemes

    November 2019

    HMRC says it is clamping down on the promoters and enablers of tax avoidance schemes in the wake of the loan charge controversy. Penny Ciniewicz, Director General of Customer Compliance…

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  • Increase in probate fees abandoned

    November 2019

    The government has abandoned its planned increase in probate fees. The increase in fees was originally expected to take effect from 1 April 2019. However, in March 2019 HMRC postponed…

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  • Charities fraud protection failures

    November 2019

    According to a report published by the Charity Commision, the majority of UK charities admit fraud is a major risk, but are still failing to carry out basic tasks in…

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  • Guidance for employers

    November 2019

    HMRC has published the October 2019 issue of the Employer Bulletin which contains guidance on a number of issues relevant for employers. Topics in this edition include: Changes for UK…

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  • HMRC countdown: file your tax return

    November 2019

    With less than 100 days until the self assessment tax return deadline of 31 January 2020, HMRC is urging taxpayers to complete their tax returns early, in order to avoid…

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  • Genuine HMRC contact and recognising phishing emails and texts

    November 2019

    HMRC has updated their guidance on how to recognise when contact from HMRC is genuine and how to recognise phishing or bogus emails and text messages. Internet link: GOV.UK recognising…

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  • VAT domestic reverse charge for building and construction services delayed

    October 2019

    HMRC has announced a one-year delay to the introduction of the VAT domestic reverse charge for building and construction services. The reverse charge represents part of a government clamp-down on…

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  • Independent review of the Loan Charge

    October 2019

    The government has initiated a review of the Loan Charge and whether the policy is an appropriate way of dealing with disguised remuneration loan schemes used by individuals who entered…

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  • Senior clinicians' pensions consultation

    October 2019

    The government has launched a consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions. The proposals aim to offer senior clinicians more control over…

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  • HMRC collects record amounts of IHT

    October 2019

    The government has announced that HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year. The increase comes on the back of a…

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  • 'Major gaps' in no-deal Brexit guidance

    October 2019

    According to the British Chambers of Commerce (BCC) there are 'major gaps' in the government's no-deal Brexit guidance for UK businesses. The BCC carried out a review of official government…

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  • Brexit-readiness events for business

    October 2019

    The Department for Business has launched a nationwide programme of events to help businesses prepare for Brexit. The free events are designed to provide free advice on a range of…

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  • Experts warning over insolvency debts

    October 2019

    Prioritising HMRC over other creditors in insolvencies will have a 'negative impact on the UK's economic growth', experts have warned Chancellor of the Exchequer Sajid Javid. The warning was issued…

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  • Money Laundering non-compliance

    October 2019

    HMRC has published details of businesses that have failed to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. HMRC is also…

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