April Tax Changes 2019: Changes For You
With the commencement of 2019/20 tax year on 6th April 2019, it is important to be familiar with the amendments that will be applicable from April 2019. The article highlights the main amendments [...]
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Employee Incentive Awards
An individual, in the United Kingdom, may be liable to pay National Insurance contributions (NICs) and pay-as-you-earn tax (PAYE) if he/she receives incentive awards that form part of his/her pay [...]
Common Misconceptions About Making Tax Digital (MTD)
About Making Tax Digital (MTD) Her Majesty's Revenue and Customs (HMRC) is working towards becoming the most forward-thinking tax authority around the globe by augmenting the customer experience [...]
Fees You Will Pay To Register For Money Laundering Supervision
What Is Money Laundering? Going by its dictionary and legal definition, money laundering is nothing but a method through which one conceals the origin of money that have been obtained illegally by [...]
How Your Business Can Benefit From Intrapreneurship?
What Is Intrapreneurship? Everyone has heard and is aware of the term “Entrepreneurship”, however not many have heard of “Intrapreneurhsip”. It is a new concept that has helped individuals [...]
Major VAT Changes Ahead For The Construction Sector
The recent budget has confirmed what was being anticipated since long. It is now assured that significant VAT changes for the building and construction services will be introduced from 1 October 2019. [...]
Simpler and More Transparent Payslips Will Be Reality With Change In Law 2019
The employers of the United Kingdom need to alter the manner in which they provide payslips to their employees with the introduction of fresh legislation. As per the current legislation, payslip [...]
Planning A Management Buyout If You Are Looking To Sellup
What Is Management Buyout? Management Buyout (MBO), as its name suggests, is nothing but a form of acquisition process under which either a large part or all of the company is bought or acquired by [...]
Private Residence Relief – Changes To The Ancillary Reliefs
What Is Private Residence Relief? As the name suggests, the private residence relief is nothing but a relief provided to the taxpayers by the government of United Kingdom that enable them to sell [...]
Undisclosed Overseas Income And Assets
In the United Kingdom, a fresh campaign was launched primarily to focus on overseas income and assets which remained undisclosed or under-disclosed to HMRC. Overseas assets do not mean assets or [...]