Making Tax Digital For Business Delayed

The Government has responded to pressure from accountants and other interested parties and announced the delay of Making Tax Digital for Business to 2020 at the earliest.

Quarterly VAT reporting using th…

Making Tax Digital - change of direction

If this is the first you have heard of Making Tax Digital (MTD) take at look at our dedicated pages at www.marslandnash.com/making-ta...

On 13th July 2017 the government announced significant changes to th…

Chancellor's Budget U-turn on NIC rises

In the budget Chancellor Phillip Hammond announced that he would be raising Class 4 national insurance contributions. Class 4 NICs which are paid by the self-employed, were set to rise from 9% to 10% next…

2016 Autumn Statement

Mr Hammond started with lists of figures for GDP growth and borrowing. As usual, there were references in the speech to matters that were covered in more depth in the documents released on the internet. T…

Personal Income Tax

Tax rates and allowances (Table A)

As previously announced, from 6th April 2016 the Personal Allowance is increased to £11,000 and the rate at which higher rate tax becomes payable to £43,000. Basic rate…

Child Benefit Charge

Introduction

You will probably be aware that from January 2013 the Government is implementing the Child Benefit Charge for those with “high” income. This will mean that Child Benefit will effectively be …

iXBRL-Changes to the Way Company Accounts are submitted to HM Revenue & Customs (HMRC) - what you need to know

iXBRL update February 2012

Further to the paragraph below entitled ‘How much will this cost me’. Following a review of the time required to tag corporate accounts using the compulsory iXBRL (inline eXtensi…