Are you ready for payroll changes ?
The PAYE system is changing from April 2013 and, if you operate a payroll, YOU WILL BE BE AFFECTED. HM Revenue & Customs are introducting a new process called Real Time Information, or RTI. The official reason is so things like tax credits and benefits are more...Tax planning for high income earners 2012-13
High income earners have until 5 April 2013 to review their tax position for 2012-13. In most cases action will need to be taken prior to this date. Deferring income – If you normally receive bonuses this month or a dividend from your company you should estimate...HMRC are coming after property investors
HM Revenue and Customs have announced that a ‘property campaign’ is due to start in March 2013, targeting those who have profited through owning and selling second homes or multiple properties. The “campaign”, offering those who have failed to...Is Your Tax Return Still Outstanding?
The January 31st deadline has come and gone. Well done if you have got your return submitted in time. As usual, I managed to submit the returns of every client who sent their records to me, even if it was at the last minute! If you’ve missed the deadline you might be...
David K Crossley CTA, ATT
Member of the Chartered Institute of Taxation