The Chancellor George Osborne delivered his final Autumn Statement of this Parliament yesterday which contained relatively few surprises.
For savers there were new limits announced for ISAs, for businesses there was the extension of the Small Business Rate Relief and arguably the most fundamental announcement of the day was the changes to Stamp Duty Land Tax – how does the Autumn Statement 2014 affect you?
The Silloth Music and Beer Festival is a great promotion for the town of Silloth.
We are pleased to announce that we are Xero Partners and Xero Certified Advisers.
Xero is the leader in online accounting software and is an online alternative to SAGE and Quickbooks. You can find out more about why we recommend Xero here.
The date has been set for the Chancellor of the Exchequer’s Autumn Statement. The Chancellor; George Osborne will deliver his Autumn Statement on Wednesday 3 December 2014.
HM Revenue & Customs have revised the Advisory Fuel Rates which should be used from 1 September 2014.
Companies House is to make all of its digital data available free of charge, this is planned to take effect from April 2015.
Currently Companies House information is available for a small fee, removing this fee will make it easier for businesses and members of the public by Companies House own admission to research and scrutinise the activities and ownership of companies and connected individuals.
HMRC has announced an extension to the Tax Credits deadline which will give claimants extra time to renew their Tax Credits.
Claimants who missed the statutory deadline of 31 July must ensure that their claim is renewed by 10pm on Wednesday 6 August 2014 otherwise their claim could stop and Tax Credits may have been overpaid.
HM Revenue & Customs (HMRC) is to re-introduce PAYE penalties for late submissions of monthly payroll information from 6 October 2014.
The penalties will apply where a Full Payment Submissions (FPS) has not been filed on or before the date a business pays its employees.
The Tax Credits deadline of 31 July 2014 is fast approaching! Don’t delay and renew your Tax Credits today!
It is important that you provide the Tax Credit Office with the information they need in order to renew your claim otherwise your payments could stop and you may have to repay some Tax Credits which you have already been paid.
The Chartered Institute of Taxation
The Association of Taxation Technicians
