Welcome to the news section in which you stay up-to-date with all the latest tax industry news, but you can also find out more about our upcoming products and discover what exciting new developments we have in store for 2013.
The Office of Tax Simplification (OTS) has criticised the manner in which it was treated in last week’s Public Accounts
The National Insurance (NI) treatment of self-employed entertainers is under review by HMRC, in the hope of finding an arrangement
Aggressive tax planning by multinationals could have unintended consequences for the majority of the UK’s firms, tax experts have warned. Advisers
News from Tolley
Two Homes and the Taxman by Anne Redston
If you’ve sold your house and made a profit, should you tell the taxman? Generally, the answer is no – gains from the sale of your home are normally tax free. But it isn’t always so straightforward. Click to find out more.
CPD on the move - Tolley Seminars Online has gone mobile! The www.tolleyseminars.com website has just been re-designed and developed to allow the content to be accessed from iPad/iPhone/Android and Blackberry* mobile devices. Click to find out more.
Emptying Small Pension Pots by Anne Redston
Most people change jobs frequently. On average, you can expect to have eleven different employers during your working life. Some employers provide a salary package which includes pension contributions. When you resign from a job, you usually leave the pension pot behind. Click to read more
Selling online? Don’t forget the taxman by Anne Redston
Do you sell on Ebay or another online auction site? Are you running a small internet-based business? If the answer to either of these questions is ‘yes’ – have you thought about the taxman? You may owe income tax, National Insurance, VAT and/or other taxes or duties.
This article focuses on the tax issues raised by selling online – but many of the points also apply to other sorts of selling, from market stalls and car boot sales to traditional shops and stores. Click to read more
Taxman makes computers compulsory by Anne Redston
No-one enjoys filling in their tax returns. But, like going to the dentist, it has to be done.The taxman now wants to force everyone in business to use a computer. So it won’t be possible simply to fill in your tax return and send it off in the post ... click to read more
The covert cost of public sector pensions by Anne Redston
Public sector pensions are big news. Costs have escalated to 2% of GDP, and total liabilities are over £1.1 trillion – the same as the entire education budget for more than twenty years ... read more.