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08 May 2018
HMRC has shared a statement about how they are prioritising change in the department and as a result some parts of MTD will be delayed.
The Federation of Small Businesses (FSB) is warning small and medium-sized enterprises that time is running out for them to prepare.
The Government has stated that it will ensure that tax reliefs continue to work as they were intended as the new Scottish Income Tax rates and bands are introduced.
The Enterprise Management Incentive (EMI) allows selected employees (often key to the employer) to be given the opportunity to acquire a significant number of shares in their employer through the issue of options.
The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2018, are due for submission to HMRC.
HMRC have issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period starting on or after 1 May 2018.
HMRC are consulting on the tax exemption which will apply from 6 April 2018 on workplace electric charging facilities used by employees.
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A wise man one said...
No person will make a great business who wants to do it all himself.
A goal without a plan is just a wish.
To accept good advice is but to increase one's own ability.
Any sufficiently advanced technology is indistinguishable from magic.
Advice is like snow; the softer it falls, the longer it dwells upon, and the deeper it sinks into the mind.
Whenever you see a successful business, someone once made a courageous decision.