HMT News – January 2016

recent transactions HMTHappy New Year from HMT!
All the team at HMT wish you a very Happy and Successful New Year 2016 and we look forward to working with you this year!

Higher Tax Rates for Dividends – Coming soon
In her article for The Business Magazine, Our Tax Director Holly Bedford-Bell explains the new changes to tax rates for dividends, implemented by the Government at the moment. Read article here

New joiners at HMT

We are delighted to announce that Sara Kang has joined our team as Senior Tax Manager, and Laura Glanville as Transaction Support Manager working in the London office. Read their profiles

National Living Wage – employers advised to get ready

The Department for Business, Innovation and Skills (BIS) is advising employers to begin preparing for the introduction of the National Living Wage (NLW) which comes into effect from 1 April 2016. Read full story

Scottish Budget – income tax and LBTT

The Scottish Government set out tax and financial plans for the future in their draft Budget on 16 December 2015. Read full story

Self assessment deadline approaching

HMRC have published some interesting statistics to remind taxpayers to complete their tax returns on time. Read full story

HMRC introduce Advance Assurance for R&D

HMRC have introduced Advance Assurance for companies that claim Research and Development (R&D) tax relief’. Read full story

Tax helpline for those affected by severe weather and flooding

HMRC have set up a helpline and will enable anyone affected to get practical help and advice on a wide range of tax problems they may be facing. Read full story

Nuisance call companies warned to expect more fine

The Information Commissioner’s Office (ICO) is warning companies making nuisance calls to expect more fines in 2016. Read full story