epic_audit

Audit exemption for small companies

The Government has considered responses to questions posed on the audit exemption threshold in its discussion paper on the implementation of the Audit Directive (2014/56/EU) and the Audit Regulation (Regulation… Read more…

epic_digital_tax

MPs say the UK is not ready for digital tax

During the Chancellor’s 2015 Autumn Statement, the Government announced its plans to reform tax legislation to require small businesses, the self-employed and landlords to update HMRC quarterly, rather than completing… Read more…

epic_money_increase

Employment Allowance set to rise

The Employment Allowance that enables employers to reduce their NI bill by £2,000 is being extended from 6 April 2016 to £3,000. However, HM Revenue & Customs (HMRC) has advised that… Read more…

epic_-excuses

Excuses, excuses

HM Revenue & Customs (HMRC) has revealed the worst excuses it has heard over the previous year from people filing late tax returns. The list, which was released ahead of… Read more…

epic_tax_exemption

BIKs review means tax exemption

The Government is set to implement a statutory tax exemption from income tax and National Insurance Contributions for low-value benefits in kind (BIK). As part of the Finance Bill 2016,… Read more…