Changes to umbrella company payments could reduce wages
18 June 2025 | Mrge_Acontants
Umbrella companies are typically used by recruitment agencies to employ workers on temporary contracts, in sectors like IT, healthcare, construction and education. Usually, the contractor or temporary worker will work for a client, the...
MPs call on HMRC to address challenges in tax admin
11 June 2025 | Mrge_Acontants
HMRC’s challenges in administering the tax system as it has become increasingly complex have been revealed in Parliament’s Public Accounts Committee (PAC) report, with trust in the agency falling, and costs rising significantly. The...
Tax simplification measures – do they go far enough?
04 June 2025 | Mrge_Acontants
The Government has revealed a package of changes designed to simplify the tax and customs system and to help deliver its ‘Plan for Change’. There are 26 measures included in the changes, plus two...
Extra steps needed to calculate Capital Gains Tax
30 May 2025 | Mrge_Acontants
Anyone making disposals of assets on or after October 30, 2024, will need to take some extra steps to calculate any Capital Gains Tax (CGT) due. The extra steps, which will affect individuals, trustees...
Inheritance tax receipts up £800m in a year – how to beat the bill
26 May 2025 | Mrge_Acontants
Inheritance Tax (IHT) receipts from April 2024 to March 2025 have risen by £800m compared to same period the previous year. This is largely a feature of the nil rate band – the amount...
Companies are being warned to comply with new rules
21 May 2025 | Mrge_Acontants
Companies registered at Companies House are being warned to keep on top of their responsibilities, such as filing their confirmation statements on time, otherwise they could face new penalties. Companies House will still support...
Trump’s tariffs hit the markets – what should you do?
14 May 2025 | Mrge_Acontants
The first 100 days of the Trump administration has certainly created consternation across the world, as Donald Trump’s implementation of tariffs – which have been on again and off again and are currently suspended...
New rules from April for pension scheme returns – are you ready?
22 April 2025 | Mrge_Acontants
From April 6, anyone managing a pension scheme will need to submit their pension scheme return (PSR) on the Managing Pension Schemes service, with the Pension Schemes Online service no longer being used for...
Five years on from Covid – what have we learnt?
16 April 2025 | Mrge_Acontants
It’s now five years since the UK – and most of the rest of the world – went into Covid lockdown, and various things have changed since that period. One major benefit was a...
Have you had PAYE or other errors in your payroll? You could face a penalty
09 April 2025 | Mrge_Acontants
If your business has had any kind of errors in Pay As You Earn (PAYE) for your payroll, you could be facing a penalty from HMRC for not operating your PAYE correctly, including anything...
Recent Comments