News

Gifts out of income and a thinktank’s take on Inheritance Tax - 27 Jun, 2018

George Hay Chartered Accountants

Gifting surplus income to family members is often touted as an excellent way of planning for the future and can help…

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Redeployment of Government resources to delay Making Tax Digital for Individuals - 27 Jun, 2018

George Hay Chartered Accountants

A number of key projects at HM Revenue & Customs (HMRC) have been placed on hold, in order to free up staff to focus…

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Assets at risk for employers attempting to avoid auto-enrolment penalties - 27 Jun, 2018

George Hay Chartered Accountants

The Pensions Regulator (TPR) has announced that employers risk having their businesses’ assets seized to cover…

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Fraudsters fake security measures to access bank accounts - 27 Jun, 2018

George Hay Chartered Accountants

Businesses and individuals are being encouraged to redouble their vigilance as fraudsters fake security measures to…

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The cost of the Dividend Allowance cut - 22 May, 2018

George Hay Chartered Accountants

It is not unusual for company owners to extract funds, either in part or otherwise solely through dividends, from their…

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SME’s branching out internationally to boost growth - 22 May, 2018

George Hay Chartered Accountants

An annual survey suggests that some 1.3 million UK-based small and medium sized enterprises (SMEs) intend to branch…

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OTS calls for overhaul of ‘complex’ tax charges and reliefs - 22 May, 2018

George Hay Chartered Accountants

An overhaul of “the complex patchwork” of tax charges and reliefs, that may impact upon businesses at various stages…

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Government extends childcare voucher scheme for additional six months - 25 Apr, 2018

George Hay Chartered Accountants

Working parents across the UK will be pleased to learn that the Government has confirmed a six-month extension of the…

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HMRC takes new steps to tackle online VAT fraud - 25 Apr, 2018

George Hay Chartered Accountants

HM Revenue & Customs (HMRC) has been granted new powers to help combat fraud conducted via digital marketplaces…

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MTD pilot ongoing as Brexit causes reprioritisation of HMRC’s projects - 25 Apr, 2018

George Hay Chartered Accountants

HMRC’s plans for transformation could be beset by further delays as it prioritises preparations for the UK’s exit…

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