Newsletter 83

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

GUIDANCE ON CHANGES TO VAT FILING RULES

The majority of businesses have to file their VAT returns online. HMRC have issued guidance on changes to VAT rules which introduce additional exemptions to the requirement to file VAT returns online. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#Guidance

PENSIONS REGULATOR USES FORMAL POWERS OVER AUTO ENROLMENT

The Pensions Regulator (TPR) has issued the first quarterly bulletin which details how many times it has needed to use its formal powers to ensure employers comply with their automatic enrolment duties. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#Pensions

PENSION SCAMS

HMRC and the Pensions Regulator (TPR) are publicising the availability of revised leaflets which warn people of the consequences of pension liberation scams. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#Pension

HMRC LATEST DISCLOSURE OPPORTUNITY

HMRC have announced the details of their latest disclosure opportunity which is expected to give approximately 16,000 tax avoidance scheme users the opportunity to pay the tax they owe. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#Disclosure

HMRC WARN OF INCORRECT RTI LETTERS

HMRC have warned that incorrect RTI letters have been issued. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#RTI

HMRC TO ISSUE PENALTIES FOR LATE SUBMISSION OF PAYE RETURNS

In the latest Employer Bulletin HMRC are warning that employers’ who fail to submit their PAYE submissions, Full Payment Submission (FPS) or where appropriate Employer Payment Summary (EPS) on time will face penalties. The penalties are being introduced from October 2014. - See more at: http://www.walkerthompson.co.uk/newsletters/Newsletter-83#Penalties