2016 will probably mark the tipping point when the relationship between business owners, their accountants and HMRC changed forever. The role of the accountant in the year-end compliance process is already shifting from one of being the ‘gatekeeper’ of the information flow to HMRC and Companies House to the application of review, checking, correction and…
Month: March 2016
PAYE
HMRC is now issuing the 2016/17 PAYE notices of coding. Around 11 million taxpayers will receive a PAYE coding notice (P2) with an insert directing them to gov.uk/taxcodehelp. This will enable them to see details online of their coding for 2016/17 and is designed to encourage people to use their Personal Tax Account. This also…