News

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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MP’s call for Government to be clearer on its tax strategy - 25 Apr, 2018

George Hay Chartered Accountants

According to a YouGov study[1] commissioned by two professional bodies, the Association of Accounting Technicians (AAT)…

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Cut to tax-free dividend allowance - 4 Apr, 2018

George Hay Chartered Accountants

From 6 April, the tax-free dividend allowance will be cut from £5,000 to £2,000; a measure that was introduced in…

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No surprises in the Spring Statement - 23 Mar, 2018

George Hay Chartered Accountants

On Tuesday afternoon, the Chancellor delivered his Spring Statement, lasting twenty-six minutes in total. As expected,…

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Digital payments become default for consumers - 23 Mar, 2018

George Hay Chartered Accountants

New research from finance and banking trade body, UK Finance, has found that debit card transactions will surpass payments…

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