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Inchmead
Nov 24, 20233 min read
PAYE only high earners removed from self assessment
High earners with PAYE income over £150,000 will no longer have to file a self assessment tax return from 2025 MRC has confirmed the...
Inchmead
Nov 23, 20232 min read
National living wage increases to £11.44
The Chancellor has confirmed a 9.7% rise in the national living wage from April, worth over £1,800 a year for a full-time worker The...
Inchmead
Nov 23, 20232 min read
HMRC targets landlords with property businesses
Landlords with properties held in incorporated businesses are being warned to check that they are fully compliant with their tax affairs...
Inchmead
Nov 7, 20232 min read
Carpenter banned over £50k covid loan fraud
The director of a Wolverhampton joinery installation business has been banned for 10 years after fraudulently claiming a £50,000 bounce...
Inchmead
Nov 7, 20233 min read
FRC waters down changes to Corporate Governance Code
The Financial Reporting Council has abandoned the majority of planned changes to the Corporate Governance Code, including tougher...
Inchmead
Nov 7, 20232 min read
WeWork files for bankruptcy in US
WeWork, the flexible work space provider, has filed for Chapter 11 bankruptcy in the US but will continue to operate as normal in the UK...
Inchmead
Nov 3, 20232 min read
Buy to let landlords earned £48.8bn from property
Total property income declared by unincorporated landlords in 2021-22 was £48.8bn, up from £46.3bn the previous year HMRC figures showed...
Inchmead
Nov 3, 20232 min read
La Perla faces closure over unpaid £2.8m tax bill
Luxury lingerie company La Perla is going to be wound up after it failed to pay a £2.8m tax bill to UK tax authorities HMRC went to the...
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