Ahead of the imminent Chancellor’s budget and forthcoming election, Hallidays have issued the latest financial news affecting businesses, employers and employees.
Auto enrolment letters and updated thresholds
The Pensions Regulator has started to write to all small and micro businesses in the coming months as part of a new campaign to give them key information on auto enrolment.
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Registration opens for new married couples tax break
HMRC have announced that registration for the new ‘Marriage Allowance’ for married couples and those in civil partnerships is now open.
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Charities Digital Service launched
HMRC have launched an online registration service for charities.
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PAYE end of year – pay on time reminder
HMRC are reminding employers that with the end of the 2014/15 tax year approaching they will soon need to make their final 2014/15 PAYE (RTI) submission.
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HMRC concession for late RTI returns and payments
HMRC have announced that employers will not incur penalties for delays of up to three days in filing RTI returns.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published which took effect from 1 March 2015.
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Car benefits online
As part of HMRC’s digitisation campaign, an online trial allows company car drivers to make changes to car and fuel benefits that will affect their tax codes.
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HMRC warns of Self Assessment scams 
Inflation rose to 3.8% in July 
Vernon Building Society launches financial education campaign for 13-21 year olds