Workplace Pension Increase

For those of you who operate a Workplace Pension here is a timely reminder that from 6th April 2018 the rate of minimum deduction is increasing. For the employer the minimum rises from 1% to 2% and for the employee from 1% to 3%. If deductions are already above these new minimums nothing need be […]

Paying your Tax Liability to HMRC

Paying HRMC by personal credit card. From 13 January 2018 HMRC will no longer be accepting payments made from personal credit cards. HMRC is only allowed to accept credit card payments on the basis that there is no cost to the public purse, and the EU Payment Services Directive 2, which comes into effect on […]

Changes to paying your Self Assessment Tax

HMRC recently announced as part of cost cutting measures they will no longer guarantee that every self assessment tax payer will receive a statement and payslip, the reasoning behind this is HMRC is trying to encourage as many taxpayers to pay their liabilities using electronic methods. In order to pay electronically you need HMRC’s bank […]

Changes to paying your Corporation Tax

HMRC recently announced as part of cost cutting measures they will no longer be sending out Corporation Tax payslips, the reasoning behind this is to force taxpayers to pay their Corporation Tax liabilities using electronic methods. In order to pay online you will need HMRC’s bank details which are as follows:-  Bank Account:                 HMRC Cumbernauld Sort […]