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 2014

NMW set to rise by 19p an hour

The Low Pay Commission has recommended that the national minimum wage (NMW) should increase to £6.50 an hour from 1 October this year.

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RTI penalties to be phased in

HM Revenue & Customs (HMRC) has announced there will be a staggered start to the introduction of Real Time Information (RTI) penalties.

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Brits set to 'pay taxman 4.7bn more than needed'

New research suggests that UK taxpayers are set to waste almost £5 billion this year by paying more tax than necessary.

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SSP: change on the way for employers

A significant change to statutory sick pay (SSP) is on the way for employers from April 2014.

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2,000 national insurance saving coming soon

Employers are reminded to make sure they do not miss out on a £2,000 cut in their employment costs from 6 April 2014.

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HMRC highlights benefits of cash basis accounting

Small businesses are being encouraged to consider using an HM Revenue & Customs’ (HMRC) scheme that allows them to be taxed on money flowing into and out of their business, rather than using full accounting rules.

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New service aims to ease employment dispute burden

The head of the service that will provide free support to help employers and employees resolve employment disputes more quickly has been highlighting the benefits it offers.

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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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