December 2019 – Newsletter

December 2019 – Newsletter Download PDF Delay to controversial loan charge review leaves thousands in limbo A report into the loan charge may not be published until after the deadline for settling claims with HMRC has passed. Up to 50,000 people whose employers had paid them through loans from offshore trusts dating back to 1999 […]

November 2019 – Newsletter

Share on facebook Share on twitter Share on linkedin Share on email Share on print November 2019 – Newsletter Download PDF Messages aim to promote pension saving to the self-employed A government-backed pension provider is trialling emotive messages to nudge sole traders to start retirement saving. The messages from NEST aim to persuade the self-employed […]

October 2019 – Newsletter

Share on facebook Share on twitter Share on linkedin Share on email Share on print October 2018 – Newsletter Download PDF Most VAT-registered businesses are signed up for Making Tax Digital Almost three quarters (74%) of VAT-registered firms signed up for Making Tax Digital (MTD) before the second stagger deadline last month. HMRC’s figures showed […]

September 2019 – Newsletter

Share on facebook Share on twitter Share on linkedin Share on email Share on print September 2018 – Newsletter Download PDF Treasury to review tapered annual allowance as dispute rumbles on The Treasury has announced it will review the tapered annual allowance for pensions, following calls to abolish it. The amount of pension contributions that […]

August 2019 – Newsletter

Share on facebook Share on twitter Share on linkedin Share on email Share on print August 2019 – Newsletter Download PDF Demand for digital skills among businesses tipped to ‘skyrocket’ Businesses could be set to face an increasing talent gap in the coming years as demand for digital skills continues to rise. The Confederation of […]

July 2019 – Newsletter

Share on facebook Share on twitter Share on linkedin Share on email Share on print July 2019 – Newsletter Download PDF HMRC error affects payments on account bills for some taxpayers Some taxpayers may not receive a bill for payments on account this month, and face paying a higher bill in January 2020. The Association […]

June 2019 – Newsletter

Mitchell Oswald - June 2019 newsletter

June 2019 – Newsletter Download PDF Small business owners hit out at ‘unfair’ UK tax system Most small business owners in the UK do not think the tax system treats their business fairly, according to the British Chambers of Commerce (BCC). In a survey of 1,000 firms, 58% of SME owners said they think the […]

October 2018 – Newsletter

October 2018 – Newsletter Download PDF Chancellor mulls abolishing dividend allowance The Treasury is reportedly considering abolishing the dividend allowance in Autumn Budget 2018. The Daily Telegraph claims Chancellor Philip Hammond has business owners, directors and shareholders in his sights to help fund a Government pledge to increase spending on the NHS. Hammond cut the […]

August 2018 Newsletter

August 2018 – Newsletter Download PDF Contractors criticise ‘flawed’ IR35 test A contractor group has slammed HMRC for omitting mutuality of obligation in an online tool designed to assess an individual’s employment status. Mutuality of obligation requires employers to provide ongoing work for an employee, who then has an obligation to perform that work. In […]

June 2018 Newsletter

June 2018 – Newsletter Download PDF Tenant fees ban set to cost landlords £82.9m A new ban on tenant fees could push costs of more than £80 million onto landlords, government figures have shown. The tenant fees bill, which was published on 2 May 2018, includes a ban on all fees charged to tenants apart […]