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The government is considering the response to its consultation document on proposals to introduce powers allowing HMRC to dip into a tax payer’s bank account

Readers will be interested, and gratified to hear that HMRC will always treat you as honest. The following is an extract from HMRC’s “Your Charter”

According to insurers PFP, HMRC business record checks are on the increase.  In the tax year 2013/14 HMRC checked 5,515 sets of business records compared

Data released by HM Treasury at the end of July reveals that 725,000 employers across the UK are benefitting from the Employment Allowance. The allowance

The Finance Act 2014 introduced a temporary increase in the Annual Investment Allowance (AIA). From 1 April 2014 (for companies) and 6 April 2014 for

Budding entrepreneurs will be given greater freedom to start and grow a business from their home under new measures announced by the government on 15

The Finance Act 2014 has introduced limited flexibility for married couples, or couples in a civil partnership, to transfer a part of their personal allowance

Car clubs are set to receive a £500,000 boost to drive forward their work, Transport Minister Baroness Kramer has announced. As part of a wider

A cynic might say that you are required to contact HMRC when you are likely to owe them more money. Realistically, the opposite is also

Its official, in the second quarter April – June 2014 the UK gross domestic product grew by 0.8% and is now bigger than it was

Management accounts, produced on a regular basis, will give you and your professional advisor the information you need to manage your business and keep your

In an effort to increase corporate transparency Companies House is to make all of its digital data available free of charge. This will make the

From April 2014 a new investment relief has been created, the Social Investment Tax Relief (SITR). Investments must be in a social enterprise, which means

There are a number of VAT schemes that benefit registered businesses. For example:  Cash accounting If you are eligible and the scheme is suitable for

 1 August 2014 – Due date for Corporation Tax due for the year ended 31 October 2013.  19 August 2014 – PAYE and NIC deductions