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 […]

Central Register of Companies and Businesses/National Register of Companies and Businesses/Register of Companies and Businesses

You may remember last July when we told you of a letter being sent to new businesses to register them with the “Register of Companies and Businesses”. We have recently had an influx of these letters again, from the above companies, sent to newly formed companies, inviting them to have their company registered in various […]

Advisory fuel rates & electric cars

Advisory fuel rates are recommended reimbursement amounts for both employees and employers that reclaim for business mileage, when a company vehicle is being used, before incurring any benefit in kind liabilities for fuel. The advisory fuel rates have been changed with effect for all journeys undertaken on or after 1 September 2016. These changes occur […]