Monthly Archives July 2019

Employer Bulletin – latest guidance

HMRC has issued the June 2019 edition of the Employer Bulletin. This includes articles on a number of issues including: labour supply chain fraud using loans to avoid Optional Remuneration Rules re-enrolment of staff back into a workplace pension scheme GDPR fees contractors operating CIS – new VAT reverse charge on building and construction services using Tax-Free Childcare to make school holidays easier. If you have any queries on payroll matters please contact us. Internet link: Employer Bulletin If you would like any advice please do get in touch by either calling 0115 928 3228 or email  
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Making Tax Digital for VAT latest

HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Under the rules, businesses with a taxable turnover above the VAT threshold (currently £85,000) must keep digital records for VAT purposes and provide their VAT return information to HMRC using compatible software. The rules have effect from 1 April 2019 where a taxpayer has a ‘prescribed accounting period’ which begins on that date, or otherwise from the first day of a taxpayer’s first prescribed accounting period beginning after 1 April 2019. However for some VAT-registered businesses with more
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Preparing the workforce for EU Exit

Over two-thirds of EU citizens that are currently in the UK are here for work. The government is advising that if these individuals plan to remain living and working in the UK after it leaves the EU, they can now apply to the EU Settlement Scheme (EUSS). EU, EEA, or Swiss employees, and their family members can apply to the EUSS if they want to continue to live, work, and study in the UK after 31 December 2020. This applies whether the UK leaves the EU with a deal or with a ‘no deal’. Under the scheme, successful applications will
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