Submitted by
Sestini & Co | on Mon, 10/02/2023 - 11:00 | In
HMRC HMRC’s annual report 2022-23, published in July 2023, includes as one of its strategic objectives “Make it easy to get tax right and hard to bend or break the rules”.
The latest UK tax gap published shows it is 4.8% (reduced substantially from 7.5% in 2005-06).
The tax gap from small businesses accounts for the largest proportion by customer group, at £20.2 billion or 56% in 2021 to 2022.
And the report notes that “We’re also seeing more small business customers getting into tax [- -]
Submitted by
Sestini & Co | on Fri, 07/28/2023 - 11:30 | In
digital tax,
HMRC The Draft Finance Bill 2023-24 includes a Policy Paper on ‘Changes to data that HMRC collects from customers’. If accepted, the changes will come into effect from tax year 2025-26.
Around 1.2 million self-employed businesses, 1.9 million PAYE-registered businesses, and 900,000 businesses which include shareholders of an owner-managed business, will need to submit the additional data.
Submitted by
Sestini & Co | on Mon, 06/26/2023 - 10:50 | In
HMRC June 2023 // As part of HMRC’s ongoing efforts to collect as much tax as possible, the government department will shortly be sending ‘nudge letters’ to people who are on the HMRC horizon but who do not currently file UK tax returns.
Submitted by
Sestini & Co | on Thu, 02/09/2023 - 10:14 | In
HMRC,
Sestini & Co news UK Personal Tax Manager or Assistant Manager
US Tax Senior Associate or Assistant Manager
We have two job opportunities available:
UK Personal Tax Manager or Assistant Manager wanted for our dynamic and growing international tax consultancy. All staff work to a hybrid model, with the UK team currently working two days a week in the Paulton, Somerset office, with the rest from home.
The UK team provide UK tax compliance and advisory services to individuals based in both the UK and overseas.
Click to [- -]
Submitted by
Sestini & Co | on Thu, 11/17/2022 - 8:29 | In
HMRC Senior Tax Associate wanted for dynamic and growing tax team in Paulton, between Bath and Bristol.
Fast growing business and international tax consultancy firm, Sestini & Co, are seeking a Senior Tax Associate to join their team providing tax compliance and advisory services to individuals based in the UK and overseas. Founded in 2013, Sestini & Co have rapidly built a reputation for offering clear guidance in complex situations. Our staff have an exceptional breadth and depth of experience, and we [- -]
Submitted by
Rachel Sestini | on Mon, 09/26/2022 - 15:52 | In
Budget Termed a ‘mini budget’, yet without the usual independent OBR research or illustrations showing impact of tax cuts on different earning brackets, those measures that have been announced today (23 September 2022) are impactful, with a focus on overall economic growth rather than redistribution of wealth. Measures supporting businesses will have an effect across the income brackets however certain changes such as the abolition of the higher tax rate will initially benefit high net worth individuals and higher earners before [- -]
Submitted by
Sestini & Co | on Thu, 06/30/2022 - 9:05 | In
Uncategorized Rachel Sestini recently spoke to Pedro Guimarães of Canopy Community, an organisation that exists to support entrepreneurs and innovators on their lifelong journey.
With the recent uproar over Akshata Murthy’s tax status in the UK and her decision not to elect the remittance basis of taxation going forwards, we thought it would be interesting to do a round-up of some of the tax incentives offered across Europe to individuals relocating who have previously been non-resident in the territory in question.
Submitted by
Rachel Sestini | on Wed, 03/23/2022 - 15:02 | In
Budget,
HMRC,
National Insurance Rishi Sunak’s tax reforms as set out in the 2022 Spring statement including NIC aligment and employers NI allowance
Submitted by
Sestini & Co | on Tue, 11/30/2021 - 9:01 | In
international tax,
non-dom The 2022 Budget and Tax bill in the USA, aka the Build Back Better Act, calls for nearly $2 trillion in tax increases on corporations and the “super rich”, although Biden has vowed not to raise direct taxes on people earning $400,000 or less.
As well as tax proposals, it includes provision for substantive sums to fight climate change, universal preschool, child tax credits, 4 weeks of paid leave, healthcare spending, affordable home care, and affordable housing.
The Bill also includes suspension [- -]
