Welcome to our monthly news designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions regarding the June news. Remember, we’re here to help.

Advisory fuel rates for company cars

New company car advisory fuel rates have been published which took effect from 1 June 2016.
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VAT Flat Rate Scheme guidance updated

HMRC have issued updated guidance on the operation of the VAT Flat Rate Scheme which allows taxpayers to calculate the VAT payable by applying a flat rate percentage to their VAT inclusive turnover.
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NAO report says HMRC’s customer service quality ‘collapsed’

According to a report by the National Audit Office (NAO) the quality of service at HMRC ‘collapsed’ over an 18 month period between 2014 and 2015.
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HMRC update phishing scam advice

HMRC have updated their guidance to taxpayers on how to spot phishing scam emails.
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HMRC urges claimants to renew tax credits online

HMRC are urging people to renew their tax credits claim well before the 31 July deadline.
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P11D deadline approaching

The forms P11D, and where appropriate P9D, which report details of expenses and benefits provided to employees and directors for the year ended 5 April 2016, are due for submission to HMRC by 6 July 2016.
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Savings allowance

A new savings allowance is available to basic and higher rate taxpayers for 2016/17.
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