New report from OTS
The Office for Tax Simplification has published a new list of tax issues for review. They include: • Increasing the present £8,500 limit, below which employees
The Office for Tax Simplification has published a new list of tax issues for review. They include: • Increasing the present £8,500 limit, below which employees
Ten new tax defaulters have been added to HMRC’s rogues’ gallery. This follows the publication of twenty tax offenders’ details last year. So far only
In a recent case heard by the Upper Tribunal, Interfish Ltd were denied tax relief for sponsorship payments made to a local rugby club, Plymouth
In March 2012 George Osborne and his Treasury advisors took a risk. They announced that on 6 April 2013 they would be reducing the additional
The Government have launched yet another consultation, this time they are considering changes to the way in which loans to directors and shareholders of small
MPs have been criticising the Treasury regarding their handling of the compensation scheme for Equitable Life policy holders. On its own admission the Treasury estimates
We thought readers might be interested to see how well HMRC have done in the last year, collecting our taxes and tackling fraud. The following
If you have been sent a tax return for any tax year up to 5 April 2012, and it has not been submitted, you may
Generally speaking, debts of a person’s estate are deductible for IHT purposes – though there are some circumstances where specific debts cannot be deducted such
Holiday businesses in Devon, Cornwall, North Wales, the Lake District and Blackpool area beware: the taxman has set up a further task force to seek
1 August 2013 – Due date for corporation tax due for the year ended 31 October 2012. 19 August 2013 – PAYE and NIC deductions
HMRC’s Connect software system provides data to underpin efforts to tackle tax fraud. It cost a mighty £45m to install in 2009 and by 2011
In recent months the High Street retail industry has been lobbying for a more equitable tax system. In particular they want to see online traders
HMRC have created yet another taskforce to seek out businesses owners who are believed to be paying less tax than they should. The new team
Mark Carney in his first week as Governor of the Bank of England has made a number of reported decisions that have pleased the