The Revenue has informed the Tax Faculty that anyone struggling to meet their tax liabilities due to the recent fuel crisis should contact the Revenue as soon as possible in order to discuss possible solutions.
A contact has been set up for small companies enquiring about whether they qualify for the Enterprise Investment Scheme, Venture Capital Trust Scheme and Enterprise Management Incentives.
Forms for claiming Working Families’ Tax Credit and Disabled Person’s Tax Credit are to be simplified. New forms will replace those asking for details of more than 30 individual income and expenditure items.
The Revenue has announced two new non-executive Board members. Pat Stafford, who has worked for British Airways and BUPA, joined in September. Dorothy Dalton joins next June and has considerable voluntary sector experience.
A helpline has been set up for married women to review their NIC position in light of changes. Call 0845 9155 996.
Customs & Excise
From 30 September the temporary concession ends which allowed motorists and businesses to use red diesel in road vehicles, provided duty was paid.
This concession was given during the fuel shortage crisis.
English ICA Tax Faculty
The Faculty has detailed guidance on the impact of the National Minimum Wage on directors etc, and published our technical representation on the review of tribunals.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy