Category Archive for "HMRC news"

What HR does my business need?

What HR does my business need?

November 20, 2017
Baxter & Co

Getting the people and human resources aspects of your business right is an investment in making your business as successful as it can be. Get it wrong, and it could cost you valuable time in sorting out problems that could…

Read More

Confirmation Statements – the new Annual Return from 30 June 2016

June 13, 2016
Baxter & Co

From 30th June 2016, the requirement to file an Annual Return at Companies House will be replaced by a new document, the ‘Confirmation Statement’. Details from Companies House of the new statement are limited at this stage, however the statement…

Read More
Certified Chartered Accountants in Orpington-1000

New Regulations: People with Significant Control (“PSC”) – An overview for Academies

June 8, 2016
Baxter & Co

With effect from 6 April 2016 UK companies are required to hold a register of People with Significant Control (‘PSC’). This register is additional to the existing statutory registers that have to be maintained, such as the register of directors…

Read More
Certified Chartered Accountants in Orpington (2)

New travel and subsistence restrictions

May 12, 2016
Baxter & Co

From 6 April 2016, there are restrictions on the allowability for tax of travel and subsistence expenses where individuals provide services through an employment intermediary. The new rules apply where personal services are provided either via a personal service company…

Read More

Maximising the Main Residence Relief

April 5, 2016
Baxter & Co

With many people realising significant gains on the sale of their home, it is important to understand how capital gains tax relief, known as the ‘Principal Private Residence’ or ‘PPR’, relief, works.  Whilst most people are aware of the existence…

Read More
Certified Chartered Accountants in Orpington

Budget Summary 2016/17

March 17, 2016
Baxter & Co

Rich in detail, short on vision The Chancellor again lived up to his reputation with an adept performance appeasing small business which felt alienated by the new dividend tax, showing the government’s intent to take on multi-national corporations and shifting…

Read More
Certified Chartered Accountants in Orpington

Dispensing with dispensations

February 19, 2016
Baxter & Co

The P11D dispensation will be no more as from 6 April 2016.   It is replaced by a new automatic statutory exemption for paid and reimbursed business expenses.  This applies to all employers.  If you have a dispensation in place you…

Read More
Certified Chartered Accountants in Orpington

Are you about to buy a house or flat?

January 20, 2016
Baxter & Co

If you are in the process of, or thinking about, buying a house or flat, then you need to know about this. Just after Christmas the government published the detail of its proposals to levy a supplemental stamp duty land…

Read More

Women are more likely than men to send in their tax return on time

January 14, 2015
Baxter & Co

Women are more likely than men to send in their tax return on time, an HM Revenue and Customs (HMRC) analysis has revealed. For every 10,000 tax returns received last year by HMRC from men, 394 were after the relevant…

Read More

The drive to digitise at HMRC

August 7, 2014
Baxter & Co

In the next few years we will be seeing some big changes in the way that HMRC delivers its services. There is a drive to put many more services online and to be more open about the process for doing…

Read More