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The UK will be leaving the EU on 29 M‌ar‌c‌h 2019. Leaving the EU with a deal remains the Government’s top priority, however the government and businesses should continue to plan for every possible outcome including no deal. In December, HMRC wrote to VAT-registered businesses that trade only with the EU advising them to take…

SCOTTISH BUDGET 2018 INCOME TAX CHANGES SCOTTISH BUDGET 2018 PROPERTY TAX CHANGES HMRC REMINDER TO EMPLOYEES TO CLAIM THEIR TAX DEDUCTIBLE EXPENSES PENSION CONTRIBUTION INCREASES AHEAD HMRC PUBLISH DETAILS OF DELIBERATE TAX DEFAULTERS SELF ASSESSMENT DEADLINE APPROACHING We hope that everyone had an enjoyable festive period and memorable New Year celebrations. Our first Newsletter of…

HAPPY CHRISTMAS FROM THE PARTNERS & STAFF AT WALKER THOMPSON

  COMMITTEE WARNS SMALL BUSINESSES ‘COULD PAY HEAVY PRICE’  FOR MTD AND LATEST ‘ENCOURAGEMENT LETTERS’ LEAVING THE EU WITH NO DEAL 180,500 NEW HOMEOWNERS BENEFIT FROM STAMP DUTY TAX RELIEF TAX-FREE GIFTS TO EMPLOYEES ADVISORY FUEL RATES FOR COMPANY CARS PHISHING TAX REFUND EMAIL TARGETS UNIVERSITY STUDENTS INHERITANCE TAX REVIEW BY OFFICE OF TAX SIMPLIFICATION…

OFFICE WEDDING BUDGET 2018 PERSONAL TAX CHANGES – ALLOWANCE AND BASIC RATE BAND INCREASED CAPITAL ALLOWANCES CHANGES ENTREPRENEURS’ RELIEF CHANGES MAKING TAX DIGITAL FOR BAT PUBLIC PILOT OPENS AND DEFERRAL FOR SOME BUSINESSES NEW GUIDANCE FOR EMPLOYERS HMRC COUNTDOWN : FILE YOUR TAX RETURN FURTHER CONTINGENCY PLANNING GUIDANCE ON A ‘NO DEAL BREXIT’ OFFICE WEDDING…

The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end – but discipline will remain’. He also promised a ‘double deal dividend’ if the Brexit negotiations are successful but stated that there may be a full-scale Spring Budget in…

UK BUDGET DATE ANNOUNCED: MONDAY 29 OCTOBER SELF-EMPLOYED CLASS 2 NATIONAL INSURANCE WILL NOT BE SCRAPPED ‘NO DEAL’ BREXIT GUIDANCE AND SMALL BUSINESS SURVEY DEADLINE FOR ‘PAPER’ SELF ASSESSMENT TAX RETURNS HMRC HAS PUBLISHED AN UPDATED LIST OF DELIBERATE TAX DEFAULTERS GENUINE HMRC CONTACT AND RECOGNISING PHISHING EMAILS AND TEXTS HMRC IDENTIFY RECORD £15.6 MILLION…

WELCOME TO A NEW MEMBER OF STAFF MAKING TAX DIGITAL FOR VAT SCOTLAND INTRODUCES RELIEF FOR FIRST TIME BUYERS ONE MILLION COUPLES STILL ELIGIBLE FOR £900 TAX BOOST HMRC WARNING: TIME TO DECLARE OFFSHORE ASSETS NON-RESIDENTS CAPITAL GAINS TAX ON UK RESIDENTIAL PROPERTY STAMP DUTY CUT: 121,500 HOUSEHOLDS SAVE £284 MILLION SOFTWARE SUPPLIERS – MAKING…

FAREWELL WORKERS’ RIGHTS FOR PIMLICO PLUMBER LATEST GUIDANCE FOR EMPLOYERS UK ‘TAX GAP’ FALLS TO 5.7% HMRC EXTENDS RTI LATE FILING EASEMENT UNTIL APRIL 2019 HMRC SAVES PUBLIC £2.4M BY STOPPING FRAUDSTERS VAT REVERSE CHARGE FOR CONSTRUCTION SERVICES CONSULTATION ENTERPRISE MANAGEMENT INCENTIVE CONTINUES   FAREWELL In August, Walker Thompson will be saying farewell to one…

ADVISORY FUEL RATES FOR COMPANY CARS TAX REFUND SCAMS WARNING FROM HMRC 200,000 RECEIVE BACK PAY AS HMRC ENFORCE NATIONAL MINIMUM WAGE OFF-PAYROLL WORKING IN THE PRIVATE SECTOR CONSULTATION UNIVERSAL CREDIT AND SELF EMPLOYMENT STATE AID APPROVAL GRANTED FOR THE ENTERPRISE MANAGEMENT INCENTIVE WALES TO SET DEVOLVED INCOME TAX RATES ADVISORY FUEL RATES FOR COMPANY…