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HMRC have published the updated rates for mileage claims on company cars that take effect from 1 March 2019.
You can use the previous rates for up to one month from the date the new rates apply. The advisory fuel rates per mile for journeys undertaken on or after 1 March 2019 are: The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility (OBR) in the Spring Statement on Wednesday 13 March 2019.
The Chancellor may take the opportunity to announce tax changes and consultations. We will update you on pertinent announcements. Internet link: GOV.UK news HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit.
In a letter sent to 145,000 affected businesses, HMRC explains changes to Customs, Excise and VAT procedures in the ‘unlikely event’ that the UK leaves the EU without a Brexit deal. HMRC has extended its Making Tax Digital for VAT (MTDfV) pilot scheme to all eligible businesses.
Since 2017, HMRC has captured millions of callers’ voice data on its Voice ID system by encouraging the caller to say a key phrase instead of the conventional password to gain access to their accounts.
HMRC has revealed some of the most ‘bizarre excuses’ taxpayers have given for failing to file their self assessment tax return on time.
The Insolvency Service has urged individuals saving for retirement to protect their pension pots from criminals and ‘negligent trustees'.
Research carried out by the Service found that criminals use a range of tactics to convince savers to part with their funds, including persuading individuals to access their pension and invest in unregulated schemes. |
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