June Business News

Posted: 5th Jun
Harts Accountants June Business News

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions.

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  • OTS calls for simplifying everyday tax for smaller businesses – A report by the Office of Tax Simplification (OTS) calls on the government to prioritise action to ‘address long-standing concerns about the experience of smaller businesses’. Read more
  • HMRC taskforce tackles dishonest dog breeders – A taskforce has recovered more than £5 million by tackling dishonest dog breeders selling pups on the black market. Read more
  • Forms P11D – reporting employee benefits – The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2019, are due for submission to HMRC by 6 July 2019. Read more
  • Welsh taxpayers income tax code mix-up – From April 2019, Welsh taxpayers were assigned new income tax codes beginning with the letter ‘C’. Read more
  • Consultation on Companies House reforms – The government has launched a consultation on proposed reforms at Companies House, including a ‘major upgrade’ of its register. Read more
  • Consultation on ancillary capital gains reliefs – A capital gains tax exemption applies when an individual disposes of a dwelling that has been used as their only or main residence under the Private Residence Relief rules. Read more
  • Advisory fuel rates for company cars – New company car advisory fuel rates have been published which take effect from 1 June 2019. Read more
  • Non-compliance with minimum wage regulations – A recent Low Pay Commission report sets out its findings on the number of people being paid less than the statutory minimum wages. Read more