Last week saw the introduction of the new health and social care Levy. Whilst this came as a surprise to many it was not all that unexpected. The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]
Category Archives: HM Revenue & Customs
26
Aug
Aug
Under new rules introduced by the Finance Act 2021, HM Revenue & Customs (HMRC) have acquired some extra powers when it comes to collection of tax and information gathering. Will HMRC contact my bank directly? A new “financial institution notice” was created to speed up the process of getting information to tackle tax evasion. HMRC […]
18
May
May
From 1st January 2021 the way we complete the VAT Return in the UK changed. The most important change was how we account for VAT when it comes to Great Britain (GB) trading with the European Union (EU).
03
Dec
Dec
This however was not a Budget and therefore as expected no announcements on the future tax strategy. There is an acceptance overall from the pundits that tax will have to increase.
HM Revenue & Customs, Myers Clark Updates, Tax Advice, Uncategorized
Chancellor’s Summer Economic Statement
10
Jul
Jul
The Chancellor said the aim was to “give everyone the opportunity of good and secure work, so no one is left without hope.”
Another TV presenter loses an IR35 case…