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Chancellor promises £470 saving per year on household bills

The Government has launched a new package of market reforms intended to lower household expenses, such as water, energy, internet and insurance bills.

Car tax evasion rate soars partly due to new tax rules
The Department for Transport has revealed new figures that show that the rate of untaxed vehicles has increased to 1.4% during 2015 from a figure of 0.6% in 2013.

Taxpayer wins claim for special relief
A taxpayer has won an appeal to be given special relief for tax owed to HMRC.The first-tier tribunal ruled that HMRC was wrong not to grant special relief on their claim to recover unpaid tax of about £17,000 owed.

Buy-to-let landlords suffer stamp duty hike
Buy-to-let landlords have been dented by the government’s 3% stamp duty increase. Property investors were named the ‘biggest losers’ as the government makes the property market more attractive.

2015 Autumn Statement: Key points
We expected a “rabbit out of the hat” in the Autumn Statement, but the result was a dog that didn’t bark. Stamp duty surprise for buy-to-let

2015 Autumn Statement: GAAR gets more teeth
George Osborne gave the General Anti-Abuse Rule (GAAR) teeth with new penalties in autumn Statement.Corporation tax was barely mentioned in the speech, although various anti-abuse measures were highlighted.

Individual Taxpayer will be required to report & pay liabilities quarterly by 2020
Morsels of information in the Autumn Statement report indicate that by 2020 individual taxpayers will be expected to report and pay their liabilities every quarter via their new digital tax accounts.

Osborne ‘sleepwalking into a catastrophe’
The managing director of Danbro, an accountancy firm specialising in freelancers, has accused George Osborne of “sleepwalking into a catastrophe” over the proposed clampdown on travel and subsistence.

Pfizer and Allergan announce tax-busting merger
Pharmaceutical firms Pfizer and Allergan today announced the biggest healthcare sector merger in history, worth an estimated $150bn (£106bn).The two companies have been in discussions over the merger for a number of weeks.

Fit for work: The new tax and NICs exemption
In January of this year a new tax and NICs exemption crept on to the statute books that could be forgiven for missing given the multitude of legislative changes that flood our consciousness, reports Kate Upcraft.

HMRC defends its record on criminal prosecutions
HMRC is sticking to its annual target for criminal prosecutions of tax evasion despite criticism from MPs that it is ‘failing’ UK taxpayers.

HMRC unveils plans for 13 regional centres
HMRC set off a flurry of news headlines this morning by unveiling its plans to close 137 local offices over the next 12 years and to reorganise its teams into 13 regional centres.

R&D tax boost for small business
Small and medium businesses will find it easier to claim tax relief for spending on research and development under the new advance assurance scheme, HMRC has said.

MPs condemn HMRC performance
The Public Accounts Committee (PAC) has published a scathing report on HMRC’s performance, accusing the tax authority of being unfit for purpose and “failing UK taxpayers”.

HMRC updates gift aid rules
Charity shops must be clearer about the tax implications of buying their products, HMRC has said in new guidance on donations to charity.It explain how the tax system operates for charities, including how to set up and run a charity.

Significant increase in individuals switching current accounts

The latest figures from the Current Account Switch Service (CASS) have revealed that a total of 309,678 Britons changed their current accounts during the first three months of this year.

Companies tricked out of employment allowance

The employment allowance is designed to reduce the cost of class 1 NIC payable by the employer in respect of salaries of staff and directors.

Problem with making tax digital

The Government has launched 'Making tax digital',outlining its long-term play to digitise the UK tax system. But its ambitions could be too much for small businesses to cope with.

Change of rules for Dividents

Autum report 2015 has resulted in a change of rules in relation to dividents which will be affective from 6 April 2016.

HMRC suffers employee accommodation defeat

The first tier tribunal has given HMRC a bloody nose, allowing an appeal arguing that a comany's accommodation for forign employees cannot be classified as residential property.

What is on horizon for the next tax year?

Key measurements coming in affect in next tax year including changes to NICs rates,dividends, pesnion contributions and personal allowances.

Top tips for end of year planning

Among the bi g changes coming in for the next year, perhaps the most important concern is the changes to dividends.

Tax seen as major burden by self-employed

The cambridge satchel company's founder julie has blasted tax as being one of the main burdens self-employed face.

Making tax digital: The known unknowms

Government expects all businesses to keep their accounting records in digital form. This key requirement will under-pin Making Tax Digital (MTD).

Self-assessment deadline reminder for taxpayers

An Important reminder for taxpayers is that the deadline for filling 2014/2015 self-assessment tax return online is 31 january 2016.

Cyber crime averted by an accountant

Accountants have warned of fraudster forging the signatures of finance directors harvested from the companies house's annual accounts to authorise bank payments.

Divident Tax Changes, Is incorporation still worthwhile?

The new divident tax has arrived. As from 6 April individuals can earn up to £5000 in dividend without any income tax charge, but any amounts received above this level will be taxed 7.5%, 32.5%, 38.1%.

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