Our business members, Simpkins Edwards Chartered Accountants (see feature here) have issued their monthly newswire which includes information on:
Unwelcome tax demands for employees
Up to 1.4 million taxpayers are expected to receive an unwelcome surprise as HMRC are in the process of issuing calculations of PAYE underpayments for the last two tax years.
We're all going on an NI holiday
In the Emergency Budget the Chancellor announced the Regional Employer National Insurance Contributions Holiday.
Tell HMRC about a change of name or address by email.
HMRC are publicising the facility to alter certain details by email.
Reporting VAT errors
If you find that you have made a mistake on a previous VAT return you may need to tell HMRC or adjust the next return.
HMRC reminder about paying VAT by cheque
HMRC have recently issued a reminder about paying VAT by cheque.
HMRC alert to Employer CD-Rom users
HMRC are advising employers who use their Employer CD-ROM to update it now so that they have access to the most recent guidance and calculators.
For more information, see their website here.
10th July 2012
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