This month we update you on the final timescale for the long awaited increase in the personal allowance for the current tax year.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
Extra Personal Allowances
Report on HMRC’s lost discs
Professional subscriptions
HMRC penalties for errors
£10,000 VAT errors
HMRC Powers
Newcomers must earn the right to stay in the UK

This month we report on mileage payments with the current climate of ever increasing fuel prices.

We also turn our attention to some potential pitfalls with the up and coming sporting events. Even if you or your employees haven’t been glued to the football, Wimbledon is upon us and the Beijing Olympics are only a month away.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
Advisory fuel rates
HMRC warning on scams
Illegal working
Employees’ mileage payments
Tax Freedom Day
National Minimum Wage and tips
Surfing at work
Tax credits renewal
Increase in personal allowances

This month has been a busy month as usual. We update you on Entrepreneurs’ Relief and the government’s announcement that they plan to compensate those individuals who are worse off following the income tax rate changes.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
10% tax rate climb down
Take care what information you post on the internet
Health and safety risks caused by hangovers
Flexible working extension
SMP and salary sacrifice arrangements
Update your Will
Payroll changes and personal allowances
Drive to help women boost their state pension

This month has been a busy month as usual. We update you on Entrepreneurs’ Relief and the government’s announcement that they plan to compensate those individuals who are worse off following the income tax rate changes.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
Credit squeeze
Homeworking costs increase
P11D deadline looming
Employment Support Allowance
Skills gap
Employees entitled to know more
Entrepreneurs’ relief
10% rate of income tax
Marks & Spencer VAT win

If you are interested in attending this seminar please contact Mel Chittenden on 0114 2667141 or email: mac@hawsons.co.uk

As normal in the world of tax and business, March has been a busy month. Most notably Chancellor Alistair Darling presented his first Budget on Wednesday 12 March. The content of the Budget has been well reported elsewhere but we take the opportunity to highlight a few points for you in relation to Entrepreneurs’ Relief, residence and domicile and the deferral of the ‘income shifting’ legislation.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS

National Minimum Wage increases
Entrepreneurs' Relief draft legislation
Update on residence and domicile
‘Income shifting’ legislation delayed
Online submission of employers forms
Reduced rate for smoking cessation products
Implementation date change for rights during maternity leave
In year online filing of employer returns

Click here for full details.

A full summary of the key points arising out of the Budget is available on line.Click here to read the Report.

Download the latest Spring news letter.
Click here

Illegal working changes
Update on residence and domicile
Expenses for employees
Employer and contractor returns interim penalties
Funds to help dispute resolution
Had problems filing your tax return on time?
EMPLOYMENT RIGHTS - Statutory limits
Benefits in kind and expenses in the payroll
No PAYE/NIC or CIS deduction payments due

Download the latest Hawsons Wealth Management Spring Financial Bulletin.
Click here to read more.

Entrepreneurs’ Relief
Residence and Domicile
Money Laundering Regulations
PAYE end of year returns
HMRC payments due 31 January 2008
HSE launch campaign to stop slips and trips
PAYE tax codes about to be issued
Holidays

Capital gains tax reform
Advisory fuel rates
Proposed cuts in ‘red tape’
Inheritance tax nil rate band
Capital allowances
Employment Bill
Consultation on residence and domicile
Income shifting consultation
Christmas party advice

CONTENTS
From taper relief to possible retirement relief
HMRC apologise to Child Benefit customers
Changes ahead for capital allowances
PAYE penalties
Northern Rock ISA savers
2008/09 allowances announced
Staff parties

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In this month’s enews we report on the Chancellor Alistair Darling’s first Pre-Budget report. There was as ever some good news and some bad. Now that we have had a chance to reflect on the announcements we report on some of the more significant changes.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
Inheritance tax change welcomed
Capital gains tax taper relief to be abolished
Additional Maternity and Paternity Pay and leave
National Minimum Wage prosecutions
Company car drivers and fuel
Income ‘Shifting’
Postal disputes

Download the latest Hawsons Wealth Management Autumn Financial Bulletin.
Click here to read more.

Hawsons Chartered Accountants are proud to recognise that Philip Lomas, Managing partner of the Northampton office, has recently completed 30 years of service to the firm and its clients.
Click here to read more.

Click here to read the Chancellor's Pre-Budget Report.

In this month’s enews we report that HMRC are about to start charging penalties following the introduction of the new Construction Industry Scheme. The automatic late return penalties will apply from October 2007.
We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS
Construction Industry Scheme penalties
Phishing scams
Back to school with tax credits
Imperial weights and measures to remain legal
Tips may be part of National Minimum Wage
NMW rates set to rise
24 days annual holiday entitlement
VAT on home computers

Making the decision of when to sell your business and walk away is one of the hardest things an owner will ever have to do. In fact, thanks to developments within the market and a favourable capital gains tax regime, some owners are now choosing to stage this process over time therefore retaining a stake in the business being sold.
Click here to read more.

All businesses have to be valued from time to time. There are a number of reasons why. Philip Lomas, Managing Partner at Hawsons Chartered Accountants acts for many local family businesses and offers advice to family businesses considering carrying out a valuation.
Click here to read more.

Last month we reported that the taxpayers had won in the infamous Arctic Systems case. As you will no doubt remember HMRC were trying to assess Mrs Jones’ dividends on her husband. Following the decision the government announced its intention to legislate to prevent what they refer to as ‘non-commercial arrangements’ to divert income. They have also issued guidance to taxpayers who were in a similar position to Mr and Mrs Jones on the completion of their tax returns. The first of this month’s articles contains more details for those affected by the case.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS

Arctic Systems – HMRC gives guidance
Test case issue to resolve bank charges debate
HMRC apologise for payment delay
VAT fuel scale charges
HSE Launch Risk Assessments Factsheets
Tax help for those affected by floods
Help for those affected by foot and mouth
VAT change for invoices

Last month we advised you that Arctic Systems had gone to the House of Lords and can now bring you the result. The taxpayers, Mr and Mrs Jones, won their case, as all five of the High Court judges unanimously rejected HMRC’s appeal. You can read more about this case and link to the full verdict in the first of this month’s articles.

We also include our usual round up of news. Please browse through this month’s articles using the links below and contact us if any issues or questions arise.

CONTENTS

Arctic Systems – the verdict
HSE reveals myths
HMRC to target bank accounts
Phishing scams
Advisory fuel rates
Offshore disclosure – HMRC follow up
Business disruption – postal dispute
Refund of voluntary NICs
Delays in VAT registration

If your business operates a van or vans, then you should read this. There is a significant risk if it is discovered in the future that you have not been correctly declaring the private use of vans by employees.
Click here for full details.

The legal services market, currently worth an estimated £20 billion a year, is clearly valuable and is growing yearly, however the total number of lawyers is actually increasing at a faster rate. During the past 20 years, the number of practising solicitors in England and Wales has more than doubled and we are now beginning to see the problems of over-supply. The consequence for many legal firms is that competition drives down fees and profits are squeezed as the cost base remains high.
Click here for full details.