Financial eNews

Employer end of year forms

HMRC are reminding employers that in order to avoid penalties they must file the Employer Annual Return (P35 and P14s) online and on time.

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HMRC publish names of deliberate defaulters

For the first time, HMRC have published a list of 'deliberate tax defaulters'.

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National Insurance - £2,000 employment allowance

The Government will introduce an allowance of £2,000 per year for all businesses and charities to be offset against their employer Class 1 NIC liability from April 2014.

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New scheme for tax free childcare

New tax incentives for childcare have been announced.

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Personal allowance up to £10,000 for 2014/15

It has been confirmed in the Budget that the basic personal allowance will be increased.

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Reminder to those with child benefit and higher incomes

HMRC are reminding people with income over £60,000 whose family is still receiving Child Benefit to consider 'opting out' before 28 March.

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