Latest News

New Worldwide Disclosure Facility launched by HM Revenue & Customs

HM Revenue & Customs (HMRC) has announced the creation of a new Worldwide Disclosure Facility (WDF) that will allow people to ensure their affairs are correct before the Common Reporting Standard (CRS) comes into force on in October 2018.

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More than a third of companies unaware of apprenticeship levy

New research from the British Chambers of Commerce (BCC) has revealed that more than one in three businesses have not heard of the apprenticeship levy.

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Accountants Lichfield

News - March

Reminder on Tax Code Notice Change

Taxpayers are reminded that copies of the notices informing them of their tax code for the year 2011-2012, sent out during January, February and March, will no longer go to their tax agent or advisor.

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Record Numbers File Online

Record numbers of people completed their self assessment tax returns online this year, HM Revenue & Customs (HMRC) has revealed.

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Childcare Support Changes

Businesses are reminded that the rules on employer-supported childcare will change for higher and additional rate taxpayers from 6 April 2011.

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Time Running Out on Retirement at 65

Employers are reminded that they only have a limited time remaining to set in motion procedures to retire staff at the age of 65.

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Time to Pay Rejection Rate Rises

The percentage of Time to Pay requests refused by HM Revenue & Customs (HMRC) in 2010 was more than double the rate in 2009, according to new statistics.

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Right to Request Flexible Working Extended

Workers' right to request flexible working is to be extended under a change to be introduced from 6 April, businesses are reminded.

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Whitehall Rapped on Quality of Case for New Business Regulations

An independent watchdog that reviews government proposals for new regulations affecting businesses says a “worryingly high proportion” fail to make a strong enough case.

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Time Running Out on State Pension Top-Up Offer

Around 70,000 people, mainly women, have until 5 April to boost their basic state pension and get backdated payments.

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'Game Up' Warning on Offshore Non-Compliance

New penalties of up to 200 per cent could be imposed on anyone hiding money offshore, HM Revenue & Customs (HMRC) has warned.

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Deliberate Defaulters Told 'Taxman Will Be Watching You'

Tax cheats have been warned they face up to five years of detailed scrutiny by HM Revenue & Customs (HMRC).

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Company Car Changes Go Electronic

An important change to the way employers notify HM Revenue & Customs (HMRC) about replacement company cars will take effect from April 2011.

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SMES Urged To Keep Business Records in Shape

HM Revenue & Customs (HMRC) has launched new tools to help small businesses, sole traders and the self-employed keep their records in shape.

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Peter Hearne Associates Limited - Accountants in Lichfield
2 Parkside Court, Greenhough Road, Lichfield, Staffordshire, WS13 7FE.
Tel: 01543 250888 | Fax: 01543 250535 | Email: peter@phalichfield.com
VAT no: 705 1249 65 | Company registration no: 04207720

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