Hello,

We have news of a couple more U-turns from HMRC this week, on advice for landlords and in respect of phone line closures. We also feature a handy set of 'top-tips' for Owner Managed Businesses (OMBs) and Private Clients which also factor in changes that are coming up on 6 April. 

Only one day after announcing a restriction to its VAT, Self Assessment and PAYE helplines, HMRC has had a change of heart.

Finance (No. 2) Act 2024 contents (as enacted) with links to our guides on the relevant topics. With a general election held on July 4th, 2024 is all set to be a year of three Finance Acts.

This contains measures introduced at March’s Spring Budget and received Royal Assent on 24 May 2024

Employers, Shareholders in Owner-Managed Businesses (OMBs) and Self-Employed individuals will be required to disclose a range of new information to HMRC from 6 April 2025. 

Hello,

Employers may appreciate changes as to how advance payments on salaries and wages will be treated from 6 April 2024 under Real-Time Information Reporting (RTI). New rules simplify payroll reporting.