Tax Saving Accountants

Have you received a Tax Fine Notice in error?

Roughly 12,000 people in the UK who had been told that they are no longer required to fill in their self-assessment tax forms now appear to have been sent these penalty notices in error. The letters were sent by HM Revenue and Customs, and came after the new £10 daily fine which now occurs for […]

Tax Saving Accountants

The hidden wealth families hide to avoid care home costs

It has now become increasingly common for the relatives of pensioners to hide the full wealth of the pensioner, in order to avoid paying high and rising care home fees. Many local authorities are also failing to use legal powers in order to take this money back, too. In many cases, the savings of pensioners […]

Tax Saving Accountants

Liberal deputy Prime Minister supports new Tycoon Tax proposal

Liberal Democrat leader and Deputy Prime Minister Nick Clegg has aired his support for the tycoon tax proposal, which would bring in a minimum taxation rate to ensure that all citizens pay their ‘fair share’. Speaking before his party’s annual conference and before the budget was announced, Clegg claimed that the current system of allowing […]

Tax Saving Accountants

Online traders could face HMRC investigation

Online traders are being targeted by Her Majesty’s Revenue and Customs in a new bid to crack down on unpaid tax. HMRC is asking all online marketplace traders and business owners to come forward to admit any tax that they haven’t paid – failure to do so will result in ‘harsher penalties’. This new clamp […]

Tax Saving Accountants

Need to win bank funding? Part 2

It’s necessary to be more professional and provide more information than ever to the banks if you have the intention of getting a business loan. After the economic downturn, the banks have simply stopped lending to a lot of people, and now require a lot more proof of financial stability in order to lend. Below […]

Tax Saving Accountants

Tax Evasion Net Tightened After Swiss Deal

UK taxpayers will find it harder to ‘hide’ money from the tax collector in Swiss accounts, an industry body has said, following a deal made with the Swiss authorities. Money held by UK taxpayers in Swiss band accounts will be taxed for the first time following further details being released, and concerns that it offered […]

Tax Saving Accountants

Peterborough Travel Company Parts With Head Of UK Retail Division

Thomas Cook parting with second senior figure Thomas Cook is parting with Ian Derbyshire, head of UK retail division, after only recently parting ways with former chief executive, Manny Fontenla-Novoa. The Peterborough based travel company, reported to be in trouble, said that Ian Derbyshire left to take over the family’s business. The company’s former Chief […]

Tax Saving Accountants

Self Employment Advice In Peterborough

There has been a rise in self-employment during the last year. The latest figures show that more than 35,000 people registered as self-employed during the time, overall lifting the total of UK residents working for themselves to just short of 4million. The reasoning for this is fairly simple. With an increase in redundancies, a lack […]

Tax Saving Accountants

Setting up as a Sole Trader in Peterborough?

Becoming a Sole Trader is the easiest way into self-employment and it is for those who are ‘one-man bands.’ You won’t have to pay any registration fees as a sole trader, and keeping your eye on records and accounts is fairly straight forward, also there is the advantage that you get to keep all the […]

Tax Saving Accountants

Peterborough based Travel company parts company with chief executive

Peterborough based Thomas Cook group chief executive Manny Fontenla-Novoa is stepping down with immediate effect. The board seeks to “restore market confidence” after a poor performance of its UK business. It’s unclear if Fontenla-Novoa has a job to go to but he will be replaced by his deputy, Sam Weihagen, which is on an interim […]

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