Latest News from GTN

Payslips for all

It may have come as a surprise to realise that until this April, not all workers were entitled to a payslip.

Up and running - MTD for VAT is live

After tests, pilots and amid continuing controversy, Making Tax Digital (MTD) for VAT went live on 1 April.

Remember the Spring Statement?

The Chancellor’s Spring Statement could easily have passed you by as March was dominated by other high-profile events.

Can HMRC ask to see private bank statements?

As part of a compliance check into the tax returns of two company directors, the information notices issued by HMRC included a request to see private bank statements as well as a description of the source of funds for any deposits made.

Penalty notices delayed

HMRC has warned that self-assessment penalty notices for 2017/18 may not be issued until the end of April. The £100 penalties are normally issued in February.

All change for April - check your pay slip

Your April pay may look much the same as March’s, but it is worth giving your pay slip a closer look than usual next month.

A Spring Statement in the eye of the Brexit storm

This is a summary of the key points from the 2019 UK Spring Statement, together with a link to our full article.

Accounting for tax costs of an international assignment

GTN US Newsletter - February 2019 | Author: Brett Sipes, Managing Director

Younger generations picking up the tax bill

The tax burden in the UK is shifting on to the younger generations, according to new research published by the accountancy firm, Moore Stephens.

Counting down to Making Tax Digital for VAT

The stage is still set for Making Tax Digital (MTD) for VAT to be rolled out on 1 April. But according to the Institute of Chartered Accountants in England and Wales, 40% of relevant businesses aren’t aware they are about to be affected.

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