Firm news

Making HMRC services safer for all businesses

From September 2017, HMRC will make it a requirement for all businesses using their online tax accounts to register for 2 Step Verification (2SV) – if not already using it. The result of this minor change means greater security for customers and a safer experience when using our online services.

Employee Redundancy

HMRC undertook a consultation to propose changes to how certain payments made on redundancy of an employee are taxed or whether current limits should be altered. The outcome will have significant impact for some employees, but in the main little has changed for the masses.

Nick Forsyth looks at the amended timetable for Making Tax Digital (MTD)

If you’ve read my previous articles on the subject, you will appreciate I am delighted by the increased threshold before quarterly reporting become mandatory. You do, however, have to shake your head at the revised timetable and ask “Why now?"...

Sean Wiegand clarifies when Making Tax Digital (MTD) becomes compulsory

For VAT purposes only, businesses that have a turnover in excess of the VAT threshold (currently £85,000) will need to keep records digitally from April 2019 and submit their VAT Returns using a MTD compliant platform.

Senior Tax Manager Lucy Orrow looks at Recent Changes to Tax Codes

HM Revenue & Customs have changed the way in which they adjust tax codes from 2 July 2017.

Syndicate content

Disclaimer

The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.

What Next?