Newsletter 123

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

GENERAL DATA PROTECTION REGULATION 2017

We have previously included articles on these Regulations which will impact upon most businesses with effect from 25 May 2018. (see Newsletter 118) - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#GDPR

HMRC REJECTED SELF ASSESSMENT EXPENSES AND EXCUSES

HMRC have released the latest list of imaginative excuses made by individuals who failed to submit their self assessment return by 31 January deadline in 2017. Excuses include alien sightings and being too busy touring with a one-man play - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#HMRC

TAX-FREE CHILDCARE ROLL OUT

The implementation of Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, is being rolled out to eligible parents in stages - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#Childcare

HMRC HALTS THOUSANDS OF SCAM TEXT MESSAGES

HMRC have announced that they have stopped thousands of taxpayers from receiving scam text messages ‘with 90 percent of the most convincing texts now halted before they reach their phones’ - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#Scam

UPDATED LIST OF PROFESSIONAL SUBSCRIPTIONS

Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisations - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#Subscriptions

WHAT WILL THE SPRING STATEMENT BRING?

We had two Budgets in 2017 and the Spring Statement is planned for Tuesday 13 March - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#Spring


SCOTLAND REVISE INCOME TAX BANDS

Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget - see more at : http://www.walkerthompson.co.uk/newsletters/Newsletter-123#Scotland