If you have money or other assets abroad you could owe tax in the UK. This is the message being sent out by H M Revenue and Customs (HMRC) and they are urging people to ensure that their tax affairs are up to date before a tough new approach comes into force, writes Pearson...
Each week Bath Business News and Pearson May bring you the top national finance stories. Businesses under pressure as costs soar Firms feel the pinch from auto-enrolment and national living wage hike. Read the full story here Homeowners find it tough to make second move ‘Second steppers’ face bigger challenge than first-time buyers. Read...
Each week Bath Business News and Pearson May bring you the top national finance stories. Firms continuing with MTD planning Is your business preparing for the new era of digital accounts? Read the full story here Retirement and the state pension Changes to the state pension age and the impact on retirement. Read the...
HM Revenue and Customs (HMRC) introduced the Let Property Campaign over three years ago. At that time, it was expected to last 18 months. However, no end date has been set, writes Pearson May partner Nick Oliver. Campaigns such as the Let Property Campaign generate revenue quickly and ensure future tax for HMRC...
Each week Bath Business News and Pearson May bring you the top national finance stories. HMRC overtaxing savers on pension withdrawals Savers largely unaware of tax on one-off withdrawals, claims report. Read the full story here Cash payment limits for high value dealers New limits on cash payments for high value dealers. Read the...
Each week Bath Business News and Pearson May bring you the top national finance stories. MPAA reduction to be reinstated Money purchase annual allowance (MPAA) reduction to feature in Finance Bill 2017. Read the full story here Complying with personal data rights Businesses holding personal data need to ensure their procedures are fit for...
Each week Bath Business News and Pearson May bring you the top national finance stories. ‘Payments on account’ deadline reminder Complete your second payment on account by 31 July 2017. Read the full story here First-time buyers paying record prices Saving enough money for your first property. Read the full story here ...
Fundamental changes in the taxation of savings income and dividends in the hands of individuals came into effect from April 6, 2016. While heralded as a simplification, removing the need for a lot of people to complete Self-Assessment tax returns, a year down the line some practical issues and unexpected consequences have emerged meaning...
Each week Bath Business News and Pearson May bring you the top national finance stories. Employee benefits and costs on employers Staff benefits available and the impacts on employers. Read the full story here Parents-to-be saving into Junior ISAs Saving for your child’s future using Junior ISAs. Read the full story here
Each week Bath Business News and Pearson May bring you the top national finance stories. 22% of over-55s opt out of auto-enrolment Those nearer to retirement are 3 times more likely to opt out of workplace pensions. Read the full story here R&D tax relief for SMEs How SMEs can benefit from Research and...
