The following press release was published by HMRC last month. Extracts are reproduced below: Sir Amyas Morse, the former Comptroller and Auditor General and Chief Executive of the National Audit Office (NAO), will lead an independent review of the Loan Charge… The review will…
Category: General
New homes to have car charge-points
In a bid to accommodate yet more electric vehicles on our roads, the government has launched a consultation aimed at increasing the number of homes with electric car charge-points. In a recent press release they said: “All new-build homes could soon be fitted with…
HMRC prevents phone fraudsters
New defensive controls recently deployed by HMRC have put an end to fraudsters spoofing the tax authority’s most recognisable helpline numbers. Fraudsters have increasingly mimicked legitimate HMRC helpline numbers (often beginning with 0300) to dupe taxpayers and steal money. Last year alone, HMRC received…
Brexit risk assessment
It looks increasingly likely that we are heading for a no-deal Brexit. Taken literally, this means that our present relaxed trading relationship with customers and suppliers in the EU will cease at the end of October this year. Whilst there will be attempts to…
Should you reconsider your cycle to work scheme?
The government have recently announced that they are to extend the criteria for an approved, and therefore tax-effective, cycle-to-work scheme as part of their drive to reduce pollution and CO2 emissions in urban environments. E-bikes have an integrated motor that helps a cyclist pedal,…
What is the government doing to prepare us for Brexit?
According to a recent announcement on the GOV.UK website, preparations include: Recruitment of 700 new staff to work on EU Exit policy using additional funding allocated by HM Treasury for Brexit preparedness. Passing of new legislation to lay the groundwork for our future outside…
Tax Investigation Service
We are inviting all our clients to subscribe or renew their subscription to our Tax Investigation Service. Tax investigations are expensive, intrusive and stressful. Even if the tax inspector accepts that your records are 100% accurate, you will still need to pay the professional…
Set your New Year resolutions
This is not the place to discuss your personal options, but this is an ideal time to consider your business and personal financial planning options for 2019. What are your options? If Brexit, as it seems likely, has a depressive effect on the UK…
Disqualified from acting as a director
When a director has been found guilty of mismanagement verging on fraud, one of the remedies that the courts can impose is disqualification as a director. But what does this actually mean? A disqualified director has to abide to the following restrictions: While the…
Passport issues if a "no-deal" Brexit
Guidance on the use of a British passport to travel abroad after 29 March 2019, if there is a “no-deal” Brexit, was issued by government last month. The pertinent facts are reproduced below: After 29 March 2019, if you’re a British passport holder (including…