June PAYE payment deadline falls on a weekend

The deadline for making a PAYE payment to HMRC falls on a Saturday this month, meaning employers may have to act sooner to pay on time. A PAYE bill may include employee income tax deductions, class 1 and 1b national insurance contributions, student loan repayments,...

HMRC issues new VAT reverse charge guidance

HMRC has made new guidance available about the domestic reverse charge for building and construction services, which is set to take effect from 1 October 2019. The reverse charge is a major change to the way VAT is collected in the industry, requiring the customer...

Advisory fuel rates update

As of 1 June 2019, advisory fuel rates have been updated for employees' usage of company cars. The following rates are now in place for petrol and LPG-fuelled cars provided by your employer, while the previous rates can be used until 1 July 2019. Engine size Petrol -...

Tenant fees ban takes effect

New rules for landlords and letting agents in England came into force on 1 June 2019, including a ban on letting fees and a cap on holding and tenancy deposits. The Tenant Fees Act has now made it illegal to charge tenants any fees aside from rent, deposits, and other...

71% of SMEs plan to increase sales

Small business ambition is on the rise, according to Government research, with more small and medium-sized employers planning to grow their sales in the future. In a survey by the Department for Business, Energy and Industrial Strategy, 71% of SME employers said they...