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Six-month prison sentence for employee in first ICO Computer Misuse Act prosecution

A motor industry employee has been sentenced to six months in prison in the first prosecution to be brought by the Information Commissioner’s Office (ICO) under legislation which carries a potential prison sentence. Mustafa Kasim, who worked for accident repair firm Nationwide Accident Repair Services (NARS), accessed thousands of customer records containing personal data without permission, using his colleagues’ log-in

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Get your tax return in by 30 December and you could receive a cash flow benefit

Self-assessment taxpayers can get a cash flow benefit by getting their tax return in early, say leading tax practice Blick Rothenberg. Paul Haywood-Schiefer, a Tax Manager at the firm, said: “For those completing tax returns under self-assessment, there is always a tendency to leave everything to the last minute, but by getting your return submitted to the Revenue by the

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Simply the best!

A global audience attended the annual awards ceremony at the House of Commons on December 6, 2018, hosted by IAB president Fabian Hamilton MP. Speaking in the Terrace Room overlooking the Thames, he praised the work of the IAB, its professional members, students and centres around the world. The awards inspire and recognise excellence in IAB members, accredited centres, students

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Welsh income tax on the way

HMRC has written to two million ‘customers’ in Wales ahead of the introduction of the new Welsh Rates of Income Tax (WRIT) in April next year. Income tax will continue to be collected from pay and pensions through PAYE and self assessment in the same way. But from 6 April the Welsh Government can set its own income tax rates,

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Survey finds 70% of tax professionals stalling on Making Tax Digital for VAT

A recent Thomson Reuters survey of UK tax professionals’ attitudes and readiness for Making Tax Digital (MTD) for VAT has revealed companies are still unsure how to prepare for the deadlines. MTD for VAT is the latest step in HMRC’s aim to move towards a digital relationship with customers and become “the most digitally advanced tax administration in the world”.

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Company chief executive banned from being a trustee

The chief executive of a company that packages some of Britain’s most famous brands has been convicted of refusing to give information to The Pensions Regulator (TPR). Thomas Christopher Wrigley, who was both the CEO and major shareholder of Discovery Flexibles Limited as well as being the chair of trustees for the company’s pension scheme, repeatedly refused to comply with

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Scam awareness campaign prompts tens of thousands of pension holders to seek information

The number of people seeking information about pension scams has soared since the launch of the first joint campaign by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) this summer. In the 55 days before the launch around 31,000 people visited the ScamSmart website at an average of 562 per day. In the 55 days after the launch

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Who should pay?

Business should pay a levy for each graduate they employ, says the Higher Education Policy Institute. The education think tank believes the time is right to shift the burden of tuition fees from students to companies. The institute said the change would mean that universities would work harder to maximise job prospects, rather than simply look to generate ever-increasing fees

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Timing is everything for new residential property rules

Owners of residential property in the UK will have to think carefully about the timing of any sale or gift of their property, the Association of Taxation Technicians (ATT) is warning. This is because from 6 April 2020 it is likely that UK resident owners of UK residential property who realise a gain on disposal that is subject to tax,

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