Since the Government set out the vision for a transformed tax system in December 2015, Grineaux Accountants have been following their movements on Making Tax Digital (MTD), and how this change will affect you and your business. We have now started to take proactive steps within the firm to ensure that we are ready to […]

The Pensions Regulator (TPR) and police have launched an investigation into a number of pension schemes suspected of being linked to cold-calling, after reports of pension holders being approached by cold callers to persuade them to transfer their funds into poorly run schemes, with the promise of higher returns and cash incentives up front. Mike […]

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 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 […]

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 […]