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.
It has been proposed that HM Revenue & Customs (HMRC) should be given the power to collect tax debts directly by having the ability to access a taxpayers’ bank accounts. The question is how far will these powers go? From HMRC’s point of view the intention is to collect debts in the most efficient way and ensure they receive the tax owed.
Take That Tax Scheme as a Tribunal decision favours HM Revenue & Customs (HMRC) and lands Gary Barlow and his Take That bandmates Mark Owen and Howard Donald with a huge tax bill reported around £20 million, after, according to reports that they paid into a tax avoidance scheme.
The free community paper ‘The Solway Buzz’ was a regular read in our household in Silloth when we were growing up, so we are proud to announce that SeavorChartered has made page 9 of the May 2014 edition!
The new rules that apply to claims for capital allowances on fixtures to buildings are now in place.
Whether you already have business premises or are in the process of purchasing new or second hand premises, let us help you to protect your entitlement to tax relief.
If you submit tax returns to HM Revenue & Customs (HMRC), a second payment on account in respect of your 2013/14 income tax liability may be due for payment on 31 July 2014. Just under four months away!
Payments on account are based on your tax liability from the previous year. You paid the equivalent of half last year’s tax liability on 31 January 2014 and the remaining half is due on 31 July 2014.
Grab your April 2014 edition of Carlisle Living magazine and head to the business pages, where you can see our article about the launch of our accountancy and tax advisory business – SeavorChartered. The article provides you with a background about Sarah Seavor and explains briefly about SeavorChartered’s personal one to one approach.
