HMRC has recently updated two more toolkits for 2017-18. Business profits toolkit. The business profits toolkit sets out common areas of risk in relation to business profits for small and medium sized businesses. For example, the toolkit includes a useful reminder that only expenses that are wholly and exclusively incurred for the purposes of the

Acas has published new guidance on the circumstances in which employers should consider suspending an employee. Suspension is where an employee continues to be employed but does not have to attend work or do any work. The guidance makes clear that employers should usually only consider suspension from work if there is either a serious

Earlier this year, HMRC announced that they would be asking all online marketplaces operating in the UK to sign an agreement to help tackle online VAT fraud and errors taking place on their platforms. HMRC said that the agreement would ask online retailers to commit to: educating online sellers from the UK and abroad about

The Solicitors Regulation Authority (SRA) has confirmed that all regulated law firms will be required to publish information on the prices that they charge, and what these cover, across a range of services, including the pursuit (for members of the public) and the defence (for small businesses) of claims for unfair or wrongful dismissal in

1 July 2018 – Due date for corporation tax due for the year ended 30 September 2017. 6 July 2018 – Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2018 – Pay Class 1A NICs (by the 22 July 2018 if paid electronically). 19

The double taxation treaty passport scheme, is a special scheme that allows for double taxation relief on UK loan interest payments made by a UK corporate borrower to overseas corporate lenders. A double taxation treaty passport can be applied for by a company (or its head office) where the following applies: is resident in a

The Supreme Court has upheld the Court of Appeal’s decision and confirmed that a plumber who was classed as self-employed was actually a ‘worker’. The Supreme Court dismissed the appeal by Pimlico Plumbers and agreed that the employment status of the person in question was that of a worker which conferred basic employment rights including entitlement

The draft Companies (Miscellaneous Reporting) Regulations 2018 have been laid before Parliament. They are expected to come into force on 1 January 2019 and to apply in relation to financial years beginning on or after that date. If the draft regulations are approved by Parliament, from an employment perspective they would require listed companies with

In an attempt to make geospatial data more freely available the government is unlocking mapping and location data to boost the economy by an estimated £130m a year. In a recent press release it was announced:   As part of the Prime Minister’s London Tech Week roundtable today [13 June 2018], the government has announced

The government’s plan to tackle disguised remuneration tax avoidance schemes was first announced as part of the Autumn Statement 2016. These types of schemes (including contractor loans) are used by employers and individuals and seek to avoid paying Income Tax and National Insurance contributions (NICs). This is usually done by utilising a loan or other