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The latest news from Hawsons Chartered Accountants

Making Tax Digital Update

Making Tax Digital – September Update We have been producing regular updates to highlight that HMRC will begin phasing in its Making Tax Digital (MTD) regime from April 2019. Initially this will only be for VAT purposes, with the wider roll out of MTD having been...

Changes on the horizon for PI cover

In March this year, the SRA published a consultation paper on its proposal to make some changes to compulsory professional indemnity insurance (PII) cover for solicitors. This is not the first time that changes to cover have been proposed by the SRA. In November 2014,...

Millennials seek more pension support

In a survey conducted by Prudential, more than half of people under the age of 35 (millennials) want their employer to do more to explain pensions and benefits. The survey was completed by 1,178 millennials and showed that 24% of these people do not have a...

HMRC increases late tax payment rate

HMRC has increased the late payment rate from 3% to 3.25%, while the repayment rate remains frozen at 0.5% Tom Selby, a senior analyst at investment platform AJ Bell thought that this was “grossly unfair”, commenting: “It seems grossly unfair for HMRC to...

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