HMRC Archives - Page 16 of 21 - Whitefield Tax - Isle of Wight Accountants

Problems paying for your tax?

by Jessica Garbett | Jun 10, 2015 | HMRC, Tax Help for Old People

Many people who are unable to pay their tax on time will worry about the potential consequences, but the worst thing is to simply ignore the matter and hope it will just go away. The situation may not be as bad as you think and the golden rule is to act quickly. If...

Lunch for the Self Employed

by Jessica Garbett | May 6, 2015 | business issues, HMRC, personal taxatation, yoga

Travel expenses for employees – including – company directors – get a lot of press. But what about the self employed – sole traders and business partners? Quite often HMRC tackle self employed travel expenses, the latest being the Samadian...

Improving the operation of the Construction Industry Scheme

by Jessica Garbett | Apr 13, 2015 | ACCA, business taxation, HMRC

The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2015 amend the Income Tax (Construction Industry Scheme) Regulations 2005 to remove the obligation to file a return in cases where the contractor has not paid any subcontractors in a tax month and...

Income tax: statutory exemption for trivial benefits-in-kind

by Jessica Garbett | Apr 6, 2015 | ACCA, employer returns, expense payments, HMRC

From 6 April 2015 any employer who provides to their employees certain low value benefits-in-kind (BiKs) will, in some circumstances, become exempt from income tax. The exemption provides a number of conditions that must be met for a BiK to qualify as trivial,...

Budget 2015

by Jessica Garbett | Mar 18, 2015 | budget, fairness, HMRC, IR35, personal taxatation, politics

A quick round up of some highlights from the detail of todays budget speech. Our budget newsletter will be emailed tomorrow with some of the other headlines that are well reported in the media, and are mainly post election give aways – jam tomorrow. This continues...

Tax penalty regime, mitigation, suspension and current developments

by Jessica Garbett | Mar 15, 2015 | ACCA, business taxation, HMRC, penalties

HMRC is examining its tax penalty regime. Learn how and have your say. HMRC has always stated that it uses penalties to stop people who don’t take care from gaining an unfair advantage. The current penalties regime is supposed to reflect the behaviour of the...

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Problems paying for your tax?

Lunch for the Self Employed

Improving the operation of the Construction Industry Scheme

Income tax: statutory exemption for trivial benefits-in-kind

Budget 2015

Tax penalty regime, mitigation, suspension and current developments

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