Firm news
New advisory fuel rates for September 2011
HM Revenue and Customs (HMRC) has published the latest advisory fuel rates for company cars. The new rates cover journeys made on or after 1 September. However, for a month from the introduction of the new rates, employers can, if they so choose, apply either the...
Tax authorities warn of bank account changes
HM Revenue and Customs (HMRC) has reminded taxpayers of changes to its bank account. As from 9 August 2011, businesses and individuals will no longer be able to use the old Bank of England account. Any payments directed to the Bank of England accounts after this date...
Reminder on tax credits
HM Revenue and Customs (HMRC) has issued a reminder that anyone wishing to claim tax credits must do so by 31 July. Steve Lamey, director of benefits and credits at HMRC, sad: "Time is running out to renew. Claimants need to renew by 31 July or their payments will...
Reminder on expenses and benefit forms
Employers are being prompted to make sure that they file their 2010/11 forms P11D, P11D(b) and P9D by the 6 July cut-off date. Employers who miss the deadline may receive a penalty. Businesses that have already advised HM Revenue & Customs (HMRC) that they don't need...
Employers urged to remember filing changes
HM Revenue and Customs (HMRC) has reminded employers of the importance of filing their annual returns on time. Employer annual returns (P35 and P14s) must be submitted by 19 May and online. Changes that have come into effect this year mean annual returns sent to HMRC...