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Contact Us Professional News - January 2011
Our publication to keep you up to date with everything that is happening at Moore Thompson.
Real-time PAYE system planned
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HM Revenue & Customs (HMRC) has stepped up its plans to make paying tax through the Pay As You Earn (PAYE) system more accurate and efficient by using real time information. |
Wealthy British expats likely to benefit from French tax cuts
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Nicolas Sarkozy, the French President, has announced plans to do away with the country’s wealth tax, known as the Impôt de Solidarité sur la Fortune or ISF. |
Treasury may have breached equality legislation in its Spending Review
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The Equality and Human Rights Commission is to formally investigate the Treasury’s behaviour in the time leading up to last October’s Spending Review. |
Changes to National Insurance payment dates
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From April 2011, Class 2 National Insurance contributions will need to be paid on the same dates as self-assessment tax bills – 31st January and 31st July. |
The perils of personal guarantees
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Business owners are increasingly being asked to give a personal guarantee (PG) to banks, suppliers and invoice discounters. |
Firms may be asked to give tax security
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Employers may be asked to provide security against PAYE and National Insurance (NI) payments owed to HM Revenue & Customs (HMRC) under radical changes being considered by the government. |
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