Avoid payroll problems with duplicated employees
A persistent bug in the PAYE system is caused by the HMRC computer creating a duplicate employment record which it then uses to demand PAYE for wages which have not been paid.
A persistent bug in the PAYE system is caused by the HMRC computer creating a duplicate employment record which it then uses to demand PAYE for wages which have not been paid.
Traders who have used electronic sales suppression (ESS) software are in serious trouble as HMRC view this as tax fraud which is a criminal offence.
You may reward your employees with something special such as a holiday or a hamper. If the value exceeds the tax-free amount permitted under the rules for say long service awards, trivial benefits or staff suggestions it will be taxable.
Principle Private Residence (PPR) which sets out the circumstances under Capital Gains Tax is or isn’t levied when selling off all or part of your estate.
The Government has launched a consultation into the current rules around agricultural property relief from inheritance tax.
With the end of the tax year growing closer, time is running out for farmers and farm managers to make sure their farm accounts are in order before submitting them to their accountant.