HMT News – June 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.

project-radio-newsletterMore awards won for HMT! 
After our success at the Thames Valley Deal Awards in April,  HMT is pleased to be awarded Best Transaction Support Team 2015 (UK) at the M&A Awards and Dealmaking Team of the Year at the Corporate LiveWire Awards.

Second 2015 Budget announced for 8th July 2015
The Chancellor of the Exchequer George Osborne will deliver a second 2015 Budget on 8th July 2015. Our tax team at HMT will publish a Budget summary to help you understand the different changes.

HMRC issue guidance on VAT reclaims by qualifying charities

HMRC have issued guidance on VAT reclaims by ‘qualifying charities’ under recent changes to the rules. Read full story

65+ Guaranteed Growth Bonds a success

HM Treasury has announced that the National Savings and Investments 65+ Guaranteed Growth Bonds have been bought by more than a million older savers, who made total investments of over £13 billion. Read full story

Advisory fuel rates for company cars

New company car advisory fuel rates have been published which took effect from 1 June 2015. Read full story

HMRC payroll guidance – harvest casuals and casual beaters

HMRC have issued useful guidance for those employers who pay casual employees working outdoors harvesting perishable crops, or as casual beaters for a shoot. Read full story

Driving licence paper counterpart no longer valid

The Driving and Vehicle Licensing Agency has announced that with effect from 8 June 2015 the paper counterpart to the photocard driving licence will not be valid and will no longer be issued. Read full story

Is VAT recoverable on car derived and combi vans?

HMRC have issued a list of makes and models of car derived vans and combi vans which VAT registered businesses can use to determine if the VAT paid on the purchase can be reclaimed as input tax. Read full story