NEWSLETTER 75

Headlines from our latest newsletter.  Please click on any of the links below for more information :

AUTUMN STATEMENT

Earlier this month the Office for Budget Responsibility (OBR) published its updated forecast for the UK economy and Chancellor George Osborne responded to that forecast in a statement to the House of Commons later on that day. 

ADVISORY FUEL RATES FOR COMPANY CARS

New company car advisory fuel rates have been published which took effect from 1 December 2013.

EMPLOYERS WILL NO LONGER BE ABLE TO RECLAIM SSP

The Percentage Threshold Scheme (PTS), which allows employers to reclaim Statutory Sick Pay (SSP) in certain circumstances, is abolished from 6 April 2014.

SHARED PARENTAL LEAVE

The government has announced how the new system of shared parental leave will operate for employees and employers.

CHANGES FOR LIMITED LIABILITY PARTNERSHIPS (LLPS)

Since their introduction in 2000, LLPs have become increasingly popular as a vehicle for carrying on a wide variety of businesses.

‘FALSE SELF-EMPLOYMENT’ VIA INTERMEDIARIES

Following announcements made as part of the Autumn Statement the government has announced some further information ‘false self-employment’ via intermediaries.

CGT - PRIVATE RESIDENCE RELIEF

It was announced in the Autumn Statement that there will be changes made to the rules for Private Residence Relief. 

HMRC ADVISE REGISTER FOR SELF ASSESSMENT NOW

HMRC is urging those who have to file a Self Assessment return for the first time to register for its online services now.