Hallidays October Newswire gives a round up of the latest business and tax tips including news of the Chancellor’s autumn budget, deadline for paper self-assessment tax returns and tax fraudsters – named and shamed!
UK Budget date announced
The Chancellor of the Exchequer, Philip Hammond, has announced that the Budget will take place on Monday 29 October.
Self-employed Class 2 National Insurance will not be scrapped
The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.
‘No deal’ Brexit guidance and small business survey
The government has issued further notices with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not being realised.
Deadline for ‘paper’ self assessment tax returns
For those individuals who have previously submitted ‘paper’ self assessment tax returns the deadline for the 2017/18 return is 31 October 2018.
Deliberate tax defaulters
HMRC has published an updated list of deliberate tax defaulters.
Genuine HMRC contact and recognising phishing emails and texts
HMRC has updated their guidance.
HMRC identify record £15.6 million minimum wage underpayments
HMRC has announced that they achieved record enforcement results this year.