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Accountancy News
Saturday, 13 of February 2010
Annual Coding: multiple or incorrect Coding Notices update
HMRC recently introduced a new National Insurance and PAYE system and that we are using it to issue tax coding notices for the first time. The transition to the new system has brought to light s...
Thursday, 31 of December 2009
VAT Returns & Payments Online
HM Revenue & Customs (HMRC) is phasing out paper VAT Returns. From April 2010 you may have to submit your VAT Returns online and pay any VAT due electronically (for example by Direct Debit, interne...
Thursday, 31 of December 2009
Increase in the standard VAT rate
The standard rate of VAT was temporarily reduced to 15 per cent on 1 December 2008 and it returned to 17.5 per cent on 1 January 2010. For any sales of standard-rated goods or services that you ...