Budget 2009 announced that the names and details of serious tax defaulters are to be published on HMRC’s website. The arrangement will apply to persons who have had a penalty imposed where the potential lost revenue exceeds £25,000. Section 94 of the Finance Act 2009, which provides the necessary statutory powers, allows HMRC to publish: Continue reading
Posted March 19th, 2010 | No Comments »
The 2010 CD-ROM was issued during February and installation errors are already being reported. HMRC has issued the following instructions:
Continue reading
Posted March 10th, 2010 | No Comments »
Following consultation during 2008, HMRC announced at the time of the 2009 Budget that one of the proposed approaches to minimising potential debt problems for taxpayers, known as “Managed Payment Plans”, could not be introduced before April 2010 due to the need to make system enhancements.
Continue reading
Posted February 4th, 2010 | No Comments »
HMRC has made available ‘pdf’ versions of the Taxable Pay Tables A to D for 2010/11 available on its website. They include the new manual calculation method required to handle the additional 50% rate of tax from April 2010.
Continue reading
Posted January 27th, 2010 | No Comments »
The following publications have been updated and reissued: Continue reading
Posted January 15th, 2010 | No Comments »
A draft statutory Order has been published in order to bring into force, from 6 April 2010, the new penalty regime for employers who fail to make their monthly or quarterly payments to their Accounts Office on time and in full. The Order was published for comment so the date is subject to final confirmation.
Continue reading
Posted January 15th, 2010 | No Comments »
On 1 January 2010, the Revenue and Customs Prosecutions Office (RCPO) merged with the Crown Prosecution Service (CPS) and became the Revenue and Customs Division (RCD) of CPS.
Continue reading
Posted January 15th, 2010 | No Comments »
In an article in the December 2009 issue of Notes for Payroll Software Developers, HMRC announced that, when employers register to use the PAYE Online for Employers service, they will automatically be given online access to their PAYE notices and reminders, such as tax code notices and student loan notices. If they wish to receive such notices in paper form, they will have to opt out of receiving them online.
Continue reading
Posted December 23rd, 2009 | No Comments »
To advise employers of the implications of the new penalty rules for late payments, HMRC has published basic guidance notes and provided a series of “frequently asked questions”.
Continue reading
Posted December 23rd, 2009 | No Comments »
Summary
Five amendments are proposed to the existing rules for disclosing tax avoidance schemes, namely: Continue reading
Posted December 18th, 2009 | No Comments »
