HMRC have announced four new non-executive appointments to its Board.The new members are:Colin CobainPhilippa HirdPhil HodkinsonDame Sue Street DCB The appointments ... Continue Reading
New rates of interest on direct and indirect taxes and NICs paid late and overpaid take effect from 6 January 2009.Legislation has also been put in place to enable ... Continue Reading
HMRC have announced the proposed rates for certain statutory payments for 2009-10, although at they are still subject to Parliamentary approval in the New Year.Lower ... Continue Reading
The Financial Secretary to the Treasury, the Rt Hon Stephen Timms MP, has introduced The Corporation Tax Bill into Parliament. The Bill is the fifth produced by ... Continue Reading
HMRC have published new regulations relating to the payment of Class 2 and voluntary Class 3 national insurance contributions (NICs) for past years.Class 3 contributions ... Continue Reading
HMRC have issued a reminder to large employers to prepare for important PAYE changes coming into effect in April 2009.From 6 April 2009, it becomes mandatory for ... Continue Reading
Travellers can now bring back more than double the amount of gifts and souvenirs from outside the EU without paying UK duty.From 1 December 2008, the tax and duty-free ... Continue Reading
HMRC have published revised advisory fuel rates for company car users, which take effect from 1 January 2009. The revised figures give about one month's notice ... Continue Reading
Regulations reducing the standard rate of VAT to 15 per cent from 1 December 2008 have been published.The Value Added Tax (Change of Rate) Order 2008 (SI 2008/3020) ... Continue Reading
Chancellor Alistair Darling has announced the government's Pre-Budget report for 2008. The report is in effect a mini-Budget designed to help the government's finances ... Continue Reading
