MD Consulting Newswire

March Newswire

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

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►► QUOTE OF THE MONTH

"If you treat the people around you with love and respect, they will never guess that you're trying to get them sacked."

►► New Record For Filing Online Tax Returns

According to HMRC statistics a record number of taxpayers filed their Self Assessment tax returns online this year.

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►►HMRC Offer Advice On Fraud Emails

HMRC are warning taxpayers to be vigilant as there have been several reports of scam emails offering a tax repayment. Taxpayers should not respond to any email promising a tax repayment.

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►► Managed Payment Plans

HMRC has announced that they will launch a new method of paying tax liabilities, known as Managed Payment Plans, in April 2011.

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►►Tax Codes Being Issued

HMRC have updated their guidance on the issue of multiple or incorrect PAYE tax codes to some employees following the introduction of their new National Insurance and PAYE computer system.

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►►Inflation

Government figures released show that the inflation rate increased to 3.5% in January 2010 from the previous month’s figure of 2.9%.

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