The VAT reverse charge and how it will affect the construction industry
Feb 18, 2019
This year could be the most challenging year yet for the construction industry, as HM Revenue and Customs (HMRC) has announced that the VAT reverse charge will commence 1 October 2019. The Government announced in the 2017 autumn budget statement that ...
READ MORE
Businesses must prepare now for an increase in employment-related costs
Feb 13, 2019
An increase in the National Living and Minimum Wage and rising workplace pension contributions could create the perfect storm for small businesses in April. Small businesses owners across the UK will need to prepare themselves for the changes ahead, which will ...
READ MORE
Automatic Enrolment contributions to increase from April
Feb 13, 2019
The next increase in Automatic Enrolment (AE) pension contributions for both employees and employers will take place from 6 April 2019. The minimum employer contribution will increase from two per cent to three per cent, while the employee contribution will rise ...
READ MORE
ICAEW reveal valentine’s tax benefits
Feb 11, 2019
It may not be the most romantic reason to propose but with valentine’s day just a few days away the ICAEW are highlighting the tax benefits of getting married or entering a civil partnership. For example, as a wedding gift, each ...
READ MORE
HMRC takes new measures to toughen stance on debt recovery
Feb 07, 2019
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year. In data obtained via a Freedom of Information request, it was revealed ...
READ MORE
Record number of Self-Assessment tax returns filed by the deadline
Feb 04, 2019
HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline. This equated to a record number of 11.5 million taxpayers submitting their 2017/18 tax returns by 11:59 pm ...
READ MORE
Services sector exports record numbers, report shows
Jan 28, 2019
The UK services sector has experienced a record year, increasing exports to regions all around the world. The report, published by the Department for International Trade (DIT), shows that services exports grew the most to the Americas, rising by 2.6 per ...
READ MORE
Businesses reminded to take steps to prepare for upcoming payroll changes
Jan 24, 2019
Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding payroll, which will come into force on the 6 April 2019. The changes to the legislation are being ...
READ MORE
HMRC wrongly issue fines before the self-assessment deadline
Jan 21, 2019
It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment deadline on the 31st January. Currently, 11.5 million workers are calculating their tax to ensure they submit ...
READ MORE
HMRC crackdown on online tax evasion in the UK
Jan 15, 2019
The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing VAT evasion. Since then, HM Revenue and Customs (HMRC) has been able to crackdown on online tax evasion in ...
READ MORE
© Walker Begley 2016. All rights reserved. Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. WB Financial Management Ltd is an appointed representative of LJ Financial Planning Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 5280582
- Privacy
- Terms & Conditions
- VAT number: 107 1775 25
- The information required by the ‘Provision of Services Regulations’ is on display at our office.