Advisory fuel rates Sep 2018

Advisory fuel rates Sep 2018

Sep 19, 2018 | Accounts and Tax, HMRC

New company car advisory fuel rates have been published which take effect from 1 September 2018. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company...
Stamp Duty Cut

Stamp Duty Cut

Sep 14, 2018 | HMRC

According to the latest statistics 121,500 first-time buyers have saved a total of £284,000,000 following the introduction of a relief for first-time buyers under the Stamp Duty Land Tax rules which apply in England and Northern Ireland. Over the next five years, it...
HMRC warning: time to declare offshore assets

HMRC warning: time to declare offshore assets

Sep 12, 2018 | HMRC

HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes into force. HMRC is urging UK taxpayers to come forward and declare any foreign income or...