MyAccountant Blog

The latest tax, employment, business and economic news affecting firms and individuals alike.

Category: Regulations

Our Sister Company Becomes the Newest Member of FCSA

You may remember that last September, MyAccountant was awarded full membership status of The Freelancer and Contractor Services Association (FCSA), demonstrating that it fully complies with the trade body’s rigorous of conduct for accountant providers. Today our sister company SmartWork was announced as the newest member of the organisation.  SmartWork has over a decade of knowledge and experience within the contracting sector, providing a fully compliant solution to safeguard the interests of its umbrella employees, recruitment business and other partners.

HMRC to charge for home visits to debtors

HM Revenue and Customs (HMRC) are facing new fury after it has emerged they have been granted powers to enforce penalty charges on individuals owing taxes for home visits.

Tax on contractor loans: extended time limit

HM Revenue and Customs (HMRC) are giving contractors who have entered a contractor loan scheme tax avoidance arrangement a chance to pay up their tax and avoid penalties.