Advance Valuation Rulings on imported goods
29 November 2023 | Mrge_Acontants
Importers of goods to the UK from overseas no longer need a business tax account to get an Advance Valuation Ruling for their goods. The rulings, which last for up to three years, mean...
How to spot tax avoidance schemes
22 November 2023 | Mrge_Acontants
Thousands of people found themselves caught up in the IR35 tax avoidance problems, where freelancers who were earning through a limited company set up to deal with their income were deemed – retrospectively –...
Tax advice error could impact your State Pension
15 November 2023 | Mrge_Acontants
Group income protection policies taken out through employer salary sacrifice schemes have been wrongly treated for tax thanks to incorrect advice given by HMRC to the Association of British Insurers back in October 2019....
Could you have money sitting in lost or forgotten accounts?
08 November 2023 | Mrge_Acontants
The cost-of-living crisis is hitting many of us hard, no matter how well off we might be. But there are many people who have money sitting in lost bank or building society accounts, pensions...
New UK Internal Market Scheme launches
25 October 2023 | Mrge_Acontants
A new UK Internal Market Scheme (UKIMS) has been launched to replace the old UK Trader Scheme, which will enable any registered traders to move ‘not at risk’ of entering the EU goods into...
Back to work means it’s time for business development
18 October 2023 | Mrge_Acontants
For most people the summer holidays will be firmly in the rearview mirror by now and they will be starting to focus on the year ahead. One way to make sure next year will...
Redundancies expected to rise this year – what you need to know
11 October 2023 | Mrge_Acontants
The latest official figures show that redundancies are on the rise this year. Expected redundancies are up from 22,525 in June to 23,975 in July, based on the number of HR1 forms filed to...
Don’t miss the October 5 deadline to register for self-assessment
04 October 2023 | Mrge_Acontants
Anyone who has become self-employed, was in a business partnership, earned more than £100,000 or had to pay the High-Income Benefit Charge this year has until October 5 to speak to HMRC to register...
ECL now open online for registrations and returns
27 September 2023 | Mrge_Acontants
Any regulated businesses that need to sign up for the Economic Crime (Anti-Money Laundering) Levy (ECL) can now both register and make returns via the online service. Registrations and returns cannot be made by...
Deed of assignments won’t be treated as nominations for income tax
20 September 2023 | Mrge_Acontants
The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment...
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