HMRC is pursuing unpaid tax on incentive payments

FCSA has heard that HMRC are pursuing unpaid tax on incentive payments – recruitment agencies please beware! Last week some recruitment consultants started receiving bills from HMRC for unpaid tax on incentive payments.  It seems that the consultants received payment from one or more umbrellas and no tax was paid on this income, hence the…

Countdown to compliance: preparing for GDPR in the real world

Written by FCSA Business Partner, FreeAgent. With the General Data Protection Regulation (GDPR) coming into effect next month, is your practice ready to be compliant? Richard Grey, Head of Information Security at award-winning accounting software provider, FreeAgent, explains how the company is getting ready for GDPR. Read the original article . While there’s a lot…

New Tax Year 18/19 – what’s changing for small businesses?

Written by FCSA Business Partner, FreeAgent. A new tax year will be starting soon. What’s changing for your small business clients at the beginning of April 2018? Emily Coltman FCA, chief accountant to multi-award-winning cloud accounting provider FreeAgent, investigates. Increase in key rates and thresholds Here’s a brief summary of some of the rates and…

Julia Kermode reacts to today’s Spring Statement

Autumn Budget

The Chancellor delivered his Spring Statement at lunchtime today. Reacting to what Mr Hammond said, Julia Kermode said: “The Chancellor told us that today’s Spring Statement would not be a major fiscal event so I am pleased that he has been true to his word. It was a positively upbeat economic forecast by Mr Hammond…