The Commons Public Accounts Committee has urged a ban on external accountants inside the government in an effort to prevent taxation loopholes being passed on. HMRC is thus pitted against the seemingly over-powering strength of the large accountancy firms who
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Tax Return deadline cut-off fines are likely to be issued by HMRC to between 500,000 to 1m late filers from today. £100 fines were already given to upwards of 800,000 self-assessment taxpayers who failed to submit their returns by the
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Small businesses are being encouraged to tighten up their security amid research that revealed that cyber attacks on businesses have increased over the last year.
The Department for Business, Innovation and Skills (BIS) said that some attacks cause over £1
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Please be aware of the following changes to PAYE and NIC which take effect from 6th April 2013. If you have any questions on any aspect of this or the Real Time Information (RTI) changes, please call our Payroll team
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“Only the little people pay taxes” – Leona Helmsley
Whilst there are many more to choose from, these are some of the most high profile tax scandals we have seen and reflect a good range of circumstances, from crafty dealings
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We found this quick but fairly in-depth guide aimed at self employed business owners about how to set-up a successful record-keeping system for VAT.
Guiding you through some of the basic steps involved, length of time to keep records for
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Tax return cancellation prospect: Chancellor George Osborne announced last week that he was planning to scrap the annual tax return to simplify the process of paying tax for thousands of self-employed workers. While anything that purports to simplify an HMRC
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Employers who employ less than 50 staff are to be given more time to report Real Time Information (RTI) to HMRC.
Those who pay their employees on a weekly basis will be allowed to report their payments by the fifth
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Chancellor George Osborne has delivered his 2013 budget. Here are some of the key points.
Income Tax
• The tax free allowance to be raised to £10,000 in 2014, a year earlier than planned.
Housing
• Interest free loans up
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All 281 of HMRC’s enquiry centres are to close by 2014.
The centres give face to face advice to around two and a half million tax payers and their closures will affect 1,300 jobs.
A flexible telephone service is to
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