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01/02/2017

February Tax Tips & News

Welcome to the Derek Young & Co Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

HMRC's tougher approach to offshore tax evasion
HMRC have implemented various measures over recent years designed to encourage those not paying the right amount of tax across their offshore tax affairs to make full disclosures. Read More...
 
Implementation timetable for Making Tax Digital extended
Following representations from the House of Commons Treasury Committee, HMRC have published proposals to undertake a year-long pilot of the Making Tax Digital programme. HMRC are committed to having Read More...
 
Employers beware of plans to change Scottish income tax threshold
Shortly before Christmas, the Scottish draft budget contained an announcement that Read More...
 
Coming soon: tax-free childcare
Plans for the introduction of a new scheme called 'tax-free childcare' were initially announced way back in the 2013 Budget. The original proposals have since been amended and the scheme is now set to be implemented during 2017. Broadly, the new scheme, Read More...
 
February questions and answers
Q. Due to unforeseen circumstances I have recently had to sell my house and down-size to a smaller property. I sold the house for Read More...
 
February key tax dates
2 - Last day for car change notifications in the quarter to 5 January - Use P46 Car Read More...
 
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