The Government has published a new section on their website that sets out the latest guidance for businesses in relation to the departure from the EU.
A copy of the email they have sent out announcing this, with links to the guidance, can be seen here.
Congratulations to our client, Ole Gunnar Solskjaer, who has been appointed full-time Manager of Manchester Utd - what a career and the best has only just begun!
All the best!
Yesterday Philip Hammond announced the 2019 Spring Statement. What did he say, but more importantly what does it mean for you?
View the Ashgates Spring Statement 2019 Report
Over recent years HMRC has increasingly cracked down on email and SMS phishing, and a number of criminals are turning to cold-calling publicly available phone numbers to steal money from taxpayers.
These calls are often made to landline numbers. According to Ofcom, nearly 26 million homes have a landline, many of which could be at risk from scams, especially if they are not ex-directory.
HMRC has issued Employer Bulletin (February 2019) which includes a number of interesting articles on:
Internet link: Employer Bulletin
With the end of the tax year looming there is still time to save tax for 2018/19.
Minimum pension contributions are set to increase from 6 April 2019:
The Pensions Regulator has produced guidance for employers on dealing with the increase including a letter template to advise employees of the change.
Contact us if you would like help with auto enrolment.
Internet link: TPR increases
The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules.
The Scottish Parliament has confirmed the income tax bands that will apply to Scottish taxpayers for 2019/20. The bands confirm the announcement made in the Draft Scottish Budget last December.
The Financial Secretary to the Treasury, Mel Stride, has made a statement to the House of Commons setting out HMRC's progress on delivery of Making Tax Digital (MTD). He confirmed there would be no further delays in implementation.
For most businesses, compliance with the regulations is mandated for VAT return periods beginning on or after 1 April 2019. However, MTD for VAT for some 'more complex' businesses has been deferred until 1 October 2019. This deferral applies to trusts; not for profit organisations not set up as companies; VAT divisions; VAT groups; public sector entities such as government departments and NHS Trusts, which have to provide additional information on their VAT return; local authorities; public corporations; traders based overseas; those required to make payments on account; annual accounting scheme users.
Contact us for help and advice on MTD for VAT.
Internet link: Hansard debate MTD