Employers’ PAYE variable direct debit

Employers’ PAYE variable direct debit

Note: This blog was updated on 22 September following the announcement that the PAYE Direct Debit roll-out has been delayed to October From 3 October 2022 (delayed from 19 September), you will be able to pay employers’ PAYE and NIC liabilities by variable direct...
MTD for ITSA – Benefits of early adoption

MTD for ITSA – Benefits of early adoption

From 6 April 2024 income tax returns are changing under MTD for ITSA, an extension of the government’s plans to digitalise the UK’s tax system. At Harold Sharp we have already been through the first phase of MTD with our VAT registered clients. That’s why we’re...
Capital gains tax and separation/divorce

Capital gains tax and separation/divorce

Separation and divorce is an unfortunate fact of life. However, on the bright side, some long overdue changes (in your Tax Tuesday author’s opinion) to the capital gains tax (CGT) rules relating to separating couples are being introduced. While at this stage, the...
Trust Registration Service

Trust Registration Service

The Trust Registration Service (TRS) is part of the UK government’s anti-money laundering (AML) and counter terrorist financing efforts. The TRS itself was introduced in 2017 and so has been around for several years now. However, the scope of the reporting required...
Selling land for development

Selling land for development

Continuing demand for new housing nationally means property developers will remain on the lookout for appropriate land to buy for the foreseeable future. Many landowners are non-corporates such as farmers selling off surplus fields or householders selling off...