With effect from 6 March 2015, employers with fewer than 50 employees are required to submit their payroll information to HM Revenue & Customs (HMRC) via the Real Time Information (RTI) system, or face a late filing penalty. Under the RTI penalty system, businesses that fail to submit their information on time are liable to … Read more HMRC offers small concession for late RTI returns
It seems to be that time of year when the spammers are out in force. A number of our clients have received bogus emails purporting to be from the HM Revenue and Customs (HMRC). The emails attempt to entice the recipient of the email to enter personal details by email so they can claim a … Read more Spam Emails, HMRC
Some companies are finding that the HM Revenue and Customs, just like the banking sector, are restricting assistance given during times of cash flow problems. Previously they may have been able to turn to “Time to Pay” (TTP) arrangements, but there has been a marked increased in the number of TTP applications being rejected by … Read more HMRC TIME TO PAY ARRANGEMENTS
HMRC are at it again, this time targeting entertainers who trade through their personal service companies. We understand that a number of high-profile performers across the entertainment industry have been subjected to tax enquiries, purporting that the income received by their companies is tantamount to salary. If this were the case, such income would also … Read more Latest NI news for entertainers
From 6th April 2011 there will be changes to Employer Supported Childcare that will effect employers who operate a childcare voucher scheme and/or directly contracted childcare. Read more in the attached document produced by HMRC. Childcare vouchers
HMRC’s tax-coding debacle has created a terrible mess which will be causing widespread worry. Many people in a number of industries, including entertainment, are deemed to be ‘employees’ working for several different clients during a tax year and will be prime candidates to receive a letter from HMRC.
HMRC’s tax-coding debacle has created a terrible mess which will be causing widespread worry. Many people in a number of industries, including entertainment, are deemed to be ‘employees’ working for several different clients during a tax year and will be prime candidates to receive a letter from HMRC. If you do receive a letter, do … Read more HMRC’s Tax Coding Debacle