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 2015

Tax summaries go online

More than eight million taxpayers who filed their 2013-14 tax return electronically by the 31 January deadline can now access their tax summary online.

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Marriage allowance comes a step closer

Married couples and civil partners can now register to receive a new tax break.

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NMW set to rise to £6.70

The Low Pay Commission has recommended that the adult national minimum wage (NMW) rate should increase to £6.70 an hour from October 2015.

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Charities offered new web service

Charities can now register their details online with HM Revenue & Customs (HMRC).

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‘Pot follows member’ to start in 2016

A new system to stop workers losing small pension pots as they move from job to job is set to be launched next year.

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Taxpayers urged to challenge error penalties

Taxpayers who filed returns by the self assessment deadline of 31 January, but who made a mistake on their forms, could be facing a demand from HM Revenue & Customs (HMRC) for an inaccuracy penalty, tax campaigners have warned.

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Webb calls for pensions tax relief reform

Pensions Minister Steve Webb has called for a 33 per cent flat rate to be introduced for pensions tax relief, replacing the 40 and 45 per cent rates for higher earners.

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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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