Hallidays monthly newswire of business and tax tips includes a reminder to file your P11Ds and reports that the government has launched a consultation on proposed reforms at Companies House.
OTS calls for simplifying everyday tax for smaller businesses
A report by the Office of Tax Simplification (OTS) calls on the government to prioritise action to ‘address long-standing concerns about the experience of smaller businesses’.
HMRC taskforce tackles dishonest dog breeders
A taskforce has recovered more than £5 million by tackling dishonest dog breeders selling pups on the black market.
Forms P11D – reporting employee benefits
The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2019, are due for submission to HMRC by 6 July 2019.
Welsh taxpayers income tax code mix-up
From April 2019, Welsh taxpayers were assigned new income tax codes beginning with the letter ‘C’.
Consultation on Companies House reforms
The government has launched a consultation on proposed reforms at Companies House, including a ‘major upgrade’ of its register.
Consultation on ancillary capital gains reliefs
A capital gains tax exemption applies when an individual disposes of a dwelling that has been used as their only or main residence under the Private Residence Relief rules.
Advisory fuel rates for company cars
New company car advisory fuel rates have been published which take effect from 1 June 2019.
Non-compliance with minimum wage regulations
A recent Low Pay Commission report sets out its findings on the number of people being paid less than the statutory minimum wage.