June 2016 Tax Tips & News
15th Jun 2016
Welcome to June's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.
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Change in Advisory Fuel Rates from 1 June 2016
New PSC register requirements take effect
OTS examines potential for new trading vehicles
HMRC go live with Verify identity authentication
Free pension advisory services to be merged
June Questions and Answers
Q1: I am thinking of purchasing a new house that I will use as my main residence, but I will still own other properties. Will I be liable to the new 3% stamp duty land tax (SDLT) change?
Q2: I commenced trading as a service provider on 1 September 2015 and now wish to complete my 2015/16 tax return. I have not incurred any capital expenditure and my turnover is less than the current VAT threshold. Should I use 30 March (or 5 April) as my accounting year-end?
Q3: How do I register as a self-employed subcontractor in the construction industry?
