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January 2018

Changes to HMRC VAT portal may require Sage software upgrade

HMRC are making changes to the VAT portal which will only be compatible with the latest version of Sage 50 Accounts (version 24). Clients using older versions of Sage will need to upgrade their software package in order to submit VAT returns directly from Sage. 

HMRC pledges support to businesses hit by Carillion collapse

Businesses contracted to Carillion who are worried about being able to pay their tax can get help and advice from HMRC’s Business Payment Support Service (BPSS).  

Tax credits and self-assessment

Tax credits claimants making a self-assessment tax return must update their final income details.  

Gender pay gap reporting

Employers with more than 250 employees MUST publish and report specific figures about their gender pay gap.