Tax News

Apr
26

Check if your “HMRC” email is a scam

Scammers are getting increasingly sophisticated when using emails purporting to be from HMRC. Often scammers target individuals, but we are seeing organisations being targeted more and more frequently. It is important to remember that HMRC will never send notifications of a tax rebate or refund by email. Nor will it ask you to disclose personal […]

By Louise Collier | HMRC . Tax News . VAT
DETAIL
Mar
28

Spring Budget 2022 Update – Employment Taxes and VAT

The Chancellor, Rishi Sunak, delivered his 2022 Spring Statement speech on 23 March. It included some important Employment Taxes updates relevant to public bodies. Many of the measures ensure continued efforts to combat the cost of living while setting out the government’s plans for tax reforms, rates and thresholds, as well as investments in compliance […]

By Louise Collier | news . Tax News
DETAIL
Feb
21

PSTAX CELEBRATES COMMITMENT TO REAL LIVING WAGE

PSTAX has today accredited as a Living Wage Employer. Their Living Wage commitment will see everyone working at PSTAX receive a minimum hourly wage of £9.90, significantly higher than the government minimum for over 23s, which currently stands at £8.91 per hour.   PSTAX is based in the South East, a region where over 12% […]

By Louise Collier | news . Tax News
DETAIL
Dec
09

NATIONAL MINIMUM/LIVING WAGE UPDATE

On 9 December 2021, the Department for Business, Energy and Industrial Strategy (BEIS) produced their latest list which ‘names and shames’ 208 employers who have failed to pay their staff the minimum wage. Employers named in this list, which is the eighteenth list published so far, range from multinational businesses, to small companies and sole […]

By Louise Collier | Tax News
DETAIL
Sep
30

Local authority housing companies: new tax on residential developments

Local authority housing companies and residential housing developers (‘LAHCs’) face a new tax from April 2022, when the residential property development tax (‘RPDT’) is introduced. The government has released draft legislation that makes it clear that RPDT could have a material effect on some local authority housing developments. We will be hosting an RPDT seminar […]

By Louise Collier | Tax News
DETAIL
Sep
30

Flu Jabs and PAYE/NIC implications

We are fast approaching the time of year when many people across the country will be receiving seasonal ‘flu vaccinations’. For some these will be offered free by the NHS through local GP practices. However, in many instances it will be necessary for these to be provided through other means involving a charge. Many public […]

By Louise Collier | Tax News
DETAIL
Sep
14

New Temporary Reduced Rate of VAT

The temporary reduced rate of 5% is coming to an end, but not as soon as initially expected. The supplies affected are catering, holiday accommodation, and admissions to shows and certain other attractions. From 1 October 2021, there will be a new temporary rate of 12.5% for these supplies, which will apply for a further […]

By Louise Collier | Tax News
DETAIL
Jul
28

Fire and Rescue Services Staff Secondments to the FBU: HMRC changes VAT policy

The supply of staff is a standard-rated business activity in all but a few circumstances. There has been an ongoing dispute about FRS secondments to the FBU, with HMRC insisting on them being standard rated business supplies. HMRC has now changed its policy, and the secondments can be treated as outside the scope of VAT. […]

By Louise Collier | Tax News
DETAIL