Covid fraud squad given powers to search properties
Sara White, Editor, Business & Accountancy Daily
Chancellor expands Covid enforcement team’s powers to search properties, seize assets, and recover money directly from bank accounts and pay checks
Sara White, Editor, Business & Accountancy Daily
Chancellor expands Covid enforcement team’s powers to search properties, seize assets, and recover money directly from bank accounts and pay checks
Sara White, Editor, Business & Accountancy Daily
European Commission orders Spain to end two-tier tax regime where non-resident landlords cannot access 60% tax relief on income from letting properties
Jacob Grattage, Reporter, Business & Accountancy Daily
With less than 60 days to go before the first quarterly filing date for wave one of MTD for Income Tax, over 400,000 taxpayers have not even registered
Joe Norburn, CEO, TCC Group
A more coordinated approach to governance, oversight and information sharing is vital to tackle financial crime. Joe Norburn, CEO at TCC Group, stresses the importance of governance, board responsibility and ending siloed data and functions
Sara White, Editor, Business & Accountancy Daily
With significant changes to statutory sick pay (SSP) with day one eligibility from April, HMRC clarifies payment requirements if sickness straddles old and new rules and for employees on longer term absence
Jacob Grattage, Reporter, Business & Accountancy Daily
Rising burden of compliance and multiple regulators means SMEs face annual £36bn bill with 67 hours a year spent dealing with bureaucracy
Jacob Grattage, Reporter, Business & Accountancy Daily
Government plans mandatory 60-day limit on payment of invoices to SMEs with fines and companies charged 8% plus base rate interest on late payments
Advisory fuel rates for company car users for petrol and diesel vehicles remain unchanged, with increase in public charging electric rate
Sara White, Editor, Business & Accountancy Daily
Overhaul of tax relief for charities from April to stop tax avoidance will see tougher rules on tainted donations, approved charitable investments, and income from donations in wills
Jacob Grattage, Reporter, Business & Accountancy Daily
Overhaul of inheritance tax will have ‘material impact’ on family owned businesses with job losses and investment cuts, and some planning asset liquidation
Sara White, Editor, Business & Accountancy Daily
With nearly 40 days until Making Tax Digital for Income Tax starts, Sara White asked HMRC to clarify some of the more complex aspects from use of bridging software, to what happens when income drops below threshold and how to get out of MTD once registered