Address
30 Thorpe Wood, Peterborough, Cambs, PE3 6SR
A number of Scottish quarry firms who have been withholding disputed tax, which accounts to around £10 million, have been asked to pay up or face their assets being seized. This comes as a result of a ruling in a Court of Session. The firms in question have banded together and formed the British Aggregates […]
Whilst the Tax Office held its conference on tax avoidance, the Treasury announces how much has been lost in tax avoidance this year alone. The Tax Office has safeguarded revenue of more than £1 billion this year thanks to the tackling of corporate tax avoidance. David Gauke, the Exchequer Secretary to the Treasury, announced the […]
Just this month, it has been discovered that start-up companies are missing the chance to claim back thousands of pounds of tax that were paid unnecessarily. Accountant David Bennett, who is at tax partner at the Moore and Smalley Charted Accountants, has recently said that many businesses that started between June 2010 and up to […]
There’s nothing worse than receiving a letter from HMRC when you know full well that you’ve completed your tax forms correctly. HMRC has admitted recently that problems have arisen, which they are now dealing with. The problems were largely associated with the Schedule 36 Notice, which should be issued when an informal request is not […]
Great news for small business owners – it’s now been announced by HM Revenue and Customs that there will not be an additional six months given to business owners to prepare for their PAYE. This is of course the ‘pay as you earn’ information that has to be provided to the government. Any business that […]
Former boss of Her Majesty’s Revenue and Customs has now landed a tax advice job at the accountancy firm Deloitte. Caught up in a number of scandals and claims, the move has angered some and spiked curiosity in others. Having left the HMRC, he now has a new role that will only take up one […]
The closure of more than 280 HM Revenue and Customs contact centres has recently prompted public outrage, and hundreds of members of the Public and Commercial Services Union recently took part in a number of strikes. They are campaigning over pay, conditions, jobs and the closure of the centres. The protests are continuing throughout the […]
According to a payroll tax poll, many Americans are now feeling the hit of recent tax hikes under the Obama administration. Smaller Paychecks Due To The Tax Hike A majority of working Americans, according to a You Gov and Huffington Post poll, claim that they are noticing smaller paychecks after the payroll tax cut expired […]
A brand new Pension Trust has launched in the United Kingdom, which now allows UK Limited Companies to provide their workers with retirement packages if they have responsibilities outside of the country. This new International Retirement Scheme was previously only open to select few, namely direct clients, but it is now available across the board. […]
New procedures and proposed changes now mean that companies and political parties will have to include much more in their tax returns. Taxpayers will now have to specify the other source from which any income has come. After regular taxpayers were asked to declare their liabilities and assets in the new Tax Return forms, it’s […]