Firm news

HM Revenue and Customs (HMRC) has published new advisory fuel rates for company cars. The new rates apply to all journeys on or after 1 December 2010. However, for a period of one month as from the date of the switch, employers have the option of applying either the...

Next year's Budget will be delivered on 23 March. The date was announced by the Chancellor, George Osborne as he was giving evidence to the House of Commons Treasury Select Committee on the consequences of October's Comprehensive Spending Review. Mr Osborne told the...

Taxpayers are being reminded that the date for submitting a paper self-assessment tax return is looming. The cut-off point for paper returns is 31 October. Last year, some 2,467,000 people submitted self-assessment tax returns in paper format. Of those, 2,143,000 (87...

Employers are being reminded that new national minimum wage rates will be coming into force in October. There is also a new rule affecting 21-year-olds. As from 1 October, employees will no longer have to be aged 22 to become eligible for the top hourly minimum wage...

Employers have little time remaining in which to share their views with HM Revenue and Customs (HMRC) on possible changes to the PAYE system. The government is looking to update the system and to reduce admin costs for businesses, and is seeking input from employers....