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New Intestacy Rules
From 1 st February 2009 the law has changed the amounts that are distributed where a person dies intestate, ie without leaving a will. Where the deceased leaves a spouse, civil partner and...
Business rates review
During October all businesses will receive their new business rates valuation, together with a breakdown of how it has been calculated. The new valuations will form the basis of business rates bills...
Tax relief on childcare vouchers to end
From 2015 the tax and national insurance exemptions on employer childcare vouchers will cease. The voucher scheme will still run but there will no longer be any tax incentive to use it. From April...
Registrar of Companies implementation of Companies Act 2006
New Registrar’s Rules implementing the final elements of the Companies Act 2006 come into force on 1 October 2009. From 1 October all accounts filed must include the company’s registered...
New rules on tipping waiting staff
From 1 st October it will be illegal for the hospitality industry to use tips to make up staff wages. Restaurants will have to pay salaries in full and this will also incur National Insurance on the...
Treasury targets construction contractors
HM Treasury have launched a consultation targeting 300,000 subcontractors supplying labour only services. It is proposed that the contractors must satisfy 3 key tests or be deemed to be employed. ...
Compulsory Online VAT Return Submission
HM Revenue & Customs plans to phase out paper VAT Returns from April 2010. After that date, if your turnover is over £100,000 - or if you are newly VAT registered - you will have to...
Additional Director Appointed
It gives us great pleasure to announce that as from 1 July 2009, Watling & Hirst will be welcoming Tony Rose as a new director. Tony has been working as a director in practice in and around the...
2009 Budget
T he Chancellor, Alistair Darling, presented his budget on 22 April 2009. A brief summary of the major headlines is given below. The impact of these changes and the opportunities and threats that...
Revenue Business Payment Support
From 24 November 2008, H M Revenue & Customs introduced a new, dedicated Business Support Service designed to meet the needs of businesses affected by the current economic conditions. ...
VAT clawback deadline is 31 March 2009
Businesses are being reminded that the date by which they can claim a special, one-off refund on past VAT payments is 31 March 2009. VAT -registered firms have until then to submit a claim for...
Corporate Filing Deadlines
By way of a reminder to all our clients, the Companies Act 2006 has reduced the period for which private limited companies have to file their accounts with the Registrar of Companies. For...
Corporate filing deadlines
Following the implementation of the Companies Act 2006 there are two potentially significant changes relating to the filing of private limited company accounts which are now in force: 1. For...
Chancellor's Pre-Budget Report
The Chancellor delivered his long awaited Pre Budget Report on 24 November. Although the detail will only be clear once the press releases are available the main headlines are: The VAT ...
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