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September 10, 2014

HMRC to close EBT settlements in March 2015

Taxpayers who use Employee Benefit Trusts (EBT) will lose access to the scheme from March 2015. The scheme, which allows taxpayers to settle outstanding liabilities has come under scrutiny in...

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September 8, 2014

Treasury Committee: Wages are too low

Sir Nicholas MacPherson, The Treasury's most senior civil servant has claimed that wages are too low at the Treasury, causing many talented junior staff to leave in favour of the...

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Accountancy firm numbers in decline

According to finance experts LDF, the number of accountancy practices has fallen by nearly 1,000 between 2009 and 2013. In 2009, there were 7,843 accountancy firms based with the UK,...

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September 3, 2014

PAYE Tax Reconciliations for 2013-2014

HMRC has initiated its automated end of year PAYE reconciliation process for the tax year 2013-14. P800 tax calculations will be sent out to those who have paid too little...

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