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Payroll – Getting ready for the 2020/2021 tax year

Payroll – Getting ready for the 2020/2021 tax year

With 1st April right round the corner, what do you need to do to get ready for the new payroll year?  Well, one of the first things you need to look at if you run payroll, is changes to minimum wage rates and new tax codes.  Lets, start with the easier part of the two, […]

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Are Tax Investigations into individuals set to surge?

Are Tax Investigations into individuals set to surge?

HMRC gained almost £5bn from tax investigations into individual tax payers (those who fill in self assessment tax returns) in the 2018/19 tax year. A Freedom of Information request found that on average, HMRC earns around £16 for every £1 it spends on staff costs for these types of investigation, making it an increasingly efficient […]

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