From 6th April 2011 there is to be an increase in the Personal Allowance...
The Default Retirement Age (DRA) of 65 is to be phased out between 6th...
All online tax returns must be filed by midnight on the 31st January or...
Given the significant rise in the number of investigations being carried out, the likelihood...
The HRMC published a consultation paper on the 17th December 2010 outlining their intention to concentrate on Business Record Checks. This proposal aims to assess the adequacy and accuracy of Business Records in the Small and Medium sized (SME) business sector (Small or Medium businesses are defined as having a turnover of less than €50 … Continued
Since 1997 we have had a system called “self-assessment” for tax. This means that you assess your own tax by means of the figures you enter on your tax return. In the majority of cases, the returns are merely processed by HM Revenue and Customs and the tax you pay is the tax you have … Continued
From October 2010 the NIC bill was introduced into the commons. In the bill the “Regional Employer National Insurance Contributions Holiday for New Businesses” which is also known as the NIC Holiday scheme, was also introduced. The scheme came into effect from 6th September 2010. This scheme allows all “new businesses” (any business which commenced … Continued