Business, Finance and Tax News
By MWS Business Management

Latest News

Paying income tax by direct debit

Thu, 02 Sep 2010 00:00:00 +0100

HMRC has posted a warning about a problem in its system which may affect you if you have authorised them to charge direct debits to settle your income tax liabilities. Online amendments to monthly direct debit plans should only be made...

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Domicile ? new HMRC guidance

Mon, 23 Aug 2010 00:00:00 +0100

HMRC have issued new guidance explaining a change to the circumstances in which they will consider an individual's domicile status for inheritence tax purposes. HMRC intend to use a wider risk-based approach when deciding whether to investigate ...

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National insurance holidays for new businesses

Thu, 26 Aug 2010 00:00:00 +0100

HMRC have published a technical note which provides more details about the new national insurance contributions (NIC) relief for qualifying businesses outside London, the South East and East England which was announced as part of the coalition Govern...

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The Serious Organised Crime Agency (SOCA)

Sun, 08 Aug 2010 00:00:00 +0100

The Home Secretary recently announced plans to create a new National Crime Agency, harnessing and building on the intelligence, analytical and enforcement capabilities of the Serious Organised Crime Agency (SOCA).  The exact makeup of this new ...

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New interest rates come into force

Mon, 30 Aug 2010 00:00:00 +0100

Two new statutory instruments relating to interest rates came into force on 31 August 2010.    The first is relevant to almost all taxpayers and specifies the rate of interest chargeable on the late payment of taxes and duties an...

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