Financial eNews

HMRC's Basic PAYE Tools update

HMRC have released a new version of the Basic PAYE Tools which reflect the Budget 2012 changes.

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P11D Errors

The forms P11D, and where appropriate P9D, which report benefits and expenses for both employees and directors for the year ended 5 April 2012, are due for submission to HMRC by 6 July 2012.

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Small donations to charities

It has been confirmed in the Queen's Speech that charities will be able to claim top-up payments on up to £5,000 of small donations without needing to obtain Gift Aid declarations.

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Tax credits renewal deadline

Tax credits are state benefits which are generally available to lower income families.

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