HMT News – February 2015

Every month, HMT publish a newsletter that will keep you updated on latest business information, event news and provide you with helpful hints and tips.

big-deal-february2015Breaking the group – Capital reduction demergers

In her article for The Business Magazine, our Tax Director Holly Bedford explains how corporate demergers can be a very useful and tax efficient method to split a corporate group.  Read article here

Government publishes guidance on new ‘Fit for Work’ service

The Government has published guidance on its new Fit for Work service, which aims to help tackle the problem of long-term sickness absence. Read full story

HMRC warn of phishing email scam

HMRC are warning taxpayers to be wary of the latest in a long line of email phishing scams that claims taxpayers have ‘made mistakes while completing their last tax form application’. Read full story

10 pre tax year end tips

Our Senior Tax Manager Vivienne Day is giving you 10 planning tips that need action by 5 April 2015, that may help reduce your tax burden for this tax year. Read article here

VAT and digital services
HMRC have issued some additional guidance for small businesses which supply digital services to consumers in other EU Member States. Read full story

Accelerated Payment notices

HMRC have announced that they have secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices (APNs). Read full story

download-HMT-free-mobile-appNew recruits

In February 2015, HMT has recruited 2 new joiners: Susie Peat as an Account Assistant working in the outsourcing team and Lael Panter as an Office Manager.

Government wants suggestions for Budget 2015

HM Treasury is encouraging groups, individuals and representative bodies to submit their ideas for consideration in advance of Budget 2015. Read full story

Pension wise

The government has announced the launch of ‘Pension wise’ which will offer free and impartial guidance to people on the new pension freedoms which comes into effect in April. Read full story

Strong demand for National Savings ‘pensioner bonds’

The National Savings & Investments website and helpline are experiencing a high volume of enquiries following the launch of their 65+ Guaranteed Growth Bonds which are being referred to as ‘pensioner bonds’. Read full story