Harts CHARTERED ACCOUNTANTS

March Bulletin

6th Mar
Harts September Newswire

Welcome to our March Bulletin, the monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we’re here to help.

HMRC advice – prepare for no deal – HMRC is urging business owners to make sure they are ready for a potential no deal Brexit.

Start date looming for Making Tax Digital for VAT – The Financial Secretary to the Treasury, Mel Stride, has made a statement to the House of Commons setting out HMRC’s progress on delivery of Making Tax Digital.

Advisory fuel rates for company cars – New company car advisory fuel rates have been published which take effect from 1 March 2019.

Scottish income tax bands confirmed for 2019/20 – The Scottish Parliament has confirmed the income tax bands that will apply to Scottish taxpayers for 2019/20.

Minimum Wage increases – The National Minimum Wage and National Living Wage are the legal minimum wage rates that must be paid to employees.

Pensions auto enrolment contributions to rise – Minimum pension contributions are set to increase from 6 April 2019.

Tax efficient investments ahead of the tax year end – With the end of the tax year looming there is still time to save tax for 2018/19.

Latest update for employers – HMRC has issued Employer Bulletin (February 2019) which includes a number of interesting articles.

Households with landlines should be vigilant – Over recent years HMRC has increasingly cracked down on email and SMS phishing.