Making Tax Digital (MTD) – VAT update

HMRC published a new notice (700/22) in July with more detail on Making Tax Digital for VAT (MTDfV).   The notice confirms that MTDfV will apply to all businesses for the first VAT period starting on or after 1 April 2019 where their turnover was in excess of the registration limit (currently £85,000) in the Read more about Making Tax Digital (MTD) – VAT update[…]

Scam emails claiming to be from Companies House

Some customers have received fraudulent emails claiming to be from Companies House.  An example of an email is below: The email is sent from: “noreply@cpgov.uk” with the following message: These emails are not from Companies House If you receive any emails from this sender or an email like this, forward them straight on to phishing@companieshouse.gov.uk as soon as Read more about Scam emails claiming to be from Companies House[…]

UK’s ‘first ever’ successful prosecution for false company information

Kevin Brewer pleaded guilty to breaking section 1112 of the Companies Act 2006, which sets out the criminal offence of providing false information on the company register. He was fined £1,602 and ordered to pay costs of £10,462.50 and a Victim Surcharge of £160. The Story Kevin Brewer, a businessman, incorporated John Vincent Cable Services Read more about UK’s ‘first ever’ successful prosecution for false company information[…]

On 6 April the minimum amount employers must pay into workplace pensions is going up

On 6 April 2018, by law, the minimum amount employers have to pay into workplace pensions goes up to 2% of qualifying earnings, while staff will now contribute 3% – making a combined total minimum contribution of 5%. Automatic enrolment has so far put more than nine million workers into workplace pension schemes. All of Read more about On 6 April the minimum amount employers must pay into workplace pensions is going up[…]

As a director, what should I pay myself in 2018/19?

Such a simply question, you would think, however it produces a complicated answer. For this calculation, we have assumed the following: The director wants to preserves their entitlement to state benefits, and The director wants a salary which saves the most tax and national insurance. First of all let us look at preserving your entitlement Read more about As a director, what should I pay myself in 2018/19?[…]

Important information about changes to paying HMRC

At the Post Office You won’t be able to pay at the Post Office from 15 December 2017. You will need to choose a different way of making payments to them. By credit card From 13 January 2018, HMRC will no longer accept payment by personal credit card. Debit cards and corporate credit cards will Read more about Important information about changes to paying HMRC[…]

Email scam warning – Company Investigations Inquiry Notice

Have you received an email that looks like the image below? The subject of the email: Company Investigations Inquiry Notice. If you receive an email like this you should delete it. Do not click on any links contained in the message as users are forwarded to a site that downloads malware. The company this email Read more about Email scam warning – Company Investigations Inquiry Notice[…]