Scottish parliament Archives - WRLO Accountants

May 2019 news

WRLO Accountants — Thu, 09 May 2019 10:43:51 +0000

In this month’s Enews we report on the latest guidance for employers, revised VAT fuel scale charges and the consultation to extend IR35. We also update you on the latest springtime tax scam and the government’s commitment to implement a pensions dashboard. With an update on Money Laundering failings, reaction to the flexible extension to Article 50 and a further delay to Scottish Air Departure Tax, there is a lot to update you on. Latest guidance for employers VAT fuel scale charges Consultation on extension of IR35 rules Government confirms implementation of pensions dashboards ‘Springtime’ tax scams target young people Money Laundering ‘Flexible extension’ to Article 50 Scottish Air Departure Tax plans further delayed Latest guidance for employers HMRC has issued the latest version of the Employer Bulletin. This April edition has articles on a number of issues including: Cash Allowances, Flexible Benefits Packages and Salary Sacrifice Unpaid work trials and the National Minimum Wage Diesel Supplement Company Car Tax Changes to meet Euro standard 6d Student Loans Construction Industry Scheme – helpful reminders for contractors and subcontractors Welsh rate of income tax and Scottish Income Tax. If you have any queries on payroll matters please contact us. Internet link: […]

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March 2019 news

WRLO Accountants — Wed, 06 Mar 2019 10:35:33 +0000

In this month’s Enews we report on the ongoing Brexit uncertainties and latest HMRC advice. We also consider National Minimum Wage, National Living Wage and pension contribution increases and the latest guidance for employers. With confirmed income tax bands for Scottish taxpayers, year end planning, a landline scam warning and new advisory fuel rates there are lots of areas to update you on. HMRC advice – prepare for no deal Start date looming for Making Tax Digital for VAT Advisory fuel rates for company cars Scottish income tax bands confirmed for 2019/20 Minimum Wage increases Pensions auto enrolment contributions to rise Tax efficient investments ahead of the tax year end Latest update for employers Households with landlines should be vigilant HMRC advice – prepare for no deal HMRC is urging business owners to make sure they are ready for a potential no deal Brexit. Business owners are being urged to prepare now and take steps to ensure their businesses can continue to trade with the EU if the UK leaves the EU without a deal. HMRC advise: Businesses should register for an Economic Operator and Registration Identification (EORI) number. UK businesses that have only ever traded inside the EU will […]

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January 2019 news

WRLO Accountants — Mon, 07 Jan 2019 12:06:09 +0000

In this month’s Enews we consider pertinent announcements from the Scottish Budget including changes to income tax and Land and Buildings Transaction Tax. Meanwhile, the Pensions Regulator is advising employers to get ready for increased pension contributions. With a reminder to employees to claim tax relief on their expenses and the latest list of deliberate tax defaulters, there are lots of issues to update you on. Scottish Budget 2018 income tax changes Scottish Budget 2018 property tax changes HMRC reminder to employees to claim their tax deductible expenses Pension contribution increases ahead HMRC publish details of deliberate tax defaulters Self assessment deadline approaching Scottish Budget 2018 income tax changes Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget on Wednesday 12 December 2018 setting out the Scottish government’s financial and tax plans. The announcement had been timed to take place after Chancellor of the Exchequer Philip Hammond delivered the UK Budget on 29 October 2018. The Finance Secretary announced changes to Scottish income tax. Contact us for advice on how the Scottish Budget impacts you. Scottish Income tax The government has devolved powers to set the rates and bands of income tax (other than those for savings and dividend […]

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