News & Events

New powers and penalties for HM Revenue and Customs

Since 1997 we have had a system called “self-assessment” for tax. This means that...

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National Insurance Contributions Holiday for New Businesses

From October 2010 the NIC bill was introduced into the commons.  In the bill...

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Changes to class 2 NIC payment dates

From April 2011 payments for Class 2 National Insurance contributions, which is the National...

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New VAT Rate

The new standard VAT rate of 20% comes into effect as of the 4th...

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Compulsory Pension Contributions

October 2012 is the date set for the 1st phase of Compulsory Pension Contributions to come into effect. The changes will have two main implications: Automatic enrolment Employers will have to automatically enrol all employees to a pension scheme. The employee will have the opportunity to opt out of the scheme however the automatic enrolment … Continued

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