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Revenue cuts overpaid tax interest rates to zero

HM Revenue and Customs has announced that, as from 27 January, the rate of interest to be paid on money owing to taxpayers is to fall to 0 per cent.

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Businesses offered the chance to rearrange tax payments

The government have launched a brand new Business Payment Support Scheme to give worried entrepreneurs some breathing space. It’s called Time to Pay.

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Just a quick reminder to those who haven’t made best use of their 2008/2009 ISA allowance or made plans for their 2009/2010 allowance that this is probably as good a time as ever...

Financial markets around the world continue to be very challenging, testing the confidence of many investors. Many have seen the value of investments made earlier this year fall, making it hard to be optimistic and uncertain about investing in an ISA before the end of the current tax year. However, the fact remains that your annual ISA allowance is a valuable, tax-efficient opportunity that should continue to be key part of your long term investment strategy.

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Higher late filing of accounts penalties – watch out!

If you run your own company you will no doubt be aware that company law requires all companies to file a copy of their annual accounts at Companies House by their ‘due date’. Penalties become payable if these accounts are filed late.

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Health in pregnancy grant

Pregnant women are being urged to apply for the new Health in Pregnancy grant of £190.

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