fbpx

News

Potential tax demand scam

30/06/2022

The Office of Tax Simplification (OTS) is a well-known organisation that provides independent advice to the government on simplifying the UK tax system. The OTS has issued a press release to warn of a potential new tax scam that is using the OTS logo. The press release reads as follows: We have been made aware of people receiving...

More...

Concerns about tax repayment agents

30/06/2022

HMRC has launched a new consultation seeking views on proposed measures to address consumer protection issues for people who claim tax refunds through repayment agents. The 12-week consultation period started on 22 June and will end on 14 September 2022. HMRC is looking to introduce new measures to stop rip-off agents taking advantage of...

More...

Claiming Child Trust Fund cash

30/06/2022

HMRC has published their latest statistics on Child Trust Funds which reveal that whilst 320,000 accounts have now matured, 175,000 funds that have matured remain unclaimed. If you turned 18 on or after 1 September 2020 there may be cash waiting for you in a dormant Child Trust Fund (CTF). If your children recently turned 18 you should...

More...

Corporation Tax - marginal relief from 1 April 2023

30/06/2022

The Corporation Tax main rate will increase to 25% from 1 April 2023 for companies with profits over £250,000. A Small Profits Rate (SPR) of 19% will also be introduced from the same date for companies with profits of up to £50,000 ensuring these companies pay Corporation Tax at the same rate as currently. Where a company has profits...

More...

Taxpayers who return to the UK

30/06/2022

There are tax implications that you will need to consider if you previously left the UK to live abroad and are now either returning to live and work in the UK or are considering such a move. In most cases, if you have returned to live in the UK you will be classed as resident in the UK and will be required to pay UK tax on your UK income...

More...

CGT during divorce or separation

30/06/2022

If you are part of a couple that is about to separate or divorce, apart from the emotional stress, there are also tax issues that can have significant implications. Whilst this is unlikely to be uppermost in your mind it is important that the tax consequences of the break-up are considered. Income Tax does not automatically cause an...

More...

New deal for private renters

23/06/2022

The government has announced their intention to fundamentally reform the private rented sector marking the biggest shake up of the private rented sector in 30 years. These measures are set to include a ban on section 21 ‘no-fault’ evictions and placing a legislative duty for landlords in the private sector to meet the Decent Homes...

More...

Reform of Consumer Credit Act

23/06/2022

The government has announced new plans to modernise consumer credit laws to cut costs for businesses and simplify rules for consumers. This will see major reforms to the Consumer Credit Act that regulates credit card purchases and personal loans. A consultation on the direction of reform is expected to be published by the end of the...

More...

Class 1A payment deadline

23/06/2022

Class 1A NICs are paid by employers in respect of most benefits in kind provided to employees such as a company car. There is no employee contribution payable. If you provided taxable benefits to staff or directors your business is likely to have a Class 1A employers’ NIC liability. The deadline for paying class 1A NICs is 22 July 2022 if...

More...

Check employment status for tax

23/06/2022

The Check Employment Status for Tax (CEST) tool can be used to help ascertain if a worker should be classified as employed or self-employed for tax purposes in both the private and public sector. The service provides HMRC’s view if IR35 legislation applies to a particular engagement and whether a worker should pay tax through PAYE. The...

More...

Contact Us

Units 1-4 Stocktons Courtyard
Overbury
Gloucestershire
GL20 7NT

Email: info@arubus.co.uk
Phone: 01242 224886 | 01242 801334

Accreditation

  

yell

icawealigned

Newsfeed Search


Follow Us

  

Follow Us