Penalties for late tax returns
HMRC Issue record number of fines HMRC issued a record number of fines last year to taxpayers who made mistakes on their personal tax returns. …
Penalties
Auto Enrolment Penalties on the rise
If I’m ill can I avoid auto enrolment penalties? According to the Pension Regulator, “being ill or short-staffed isn’t a good enough excuse for employers …
Are you aware of the Bribery Act?
A recent report about the awareness and impact of the Bribery Act 2010 among smaller firms published by the Ministry of Justice (MoJ) and the …
VAT: deregistration enquiries reap rewards
Recently we have noticed that there appears to be a co-ordinated strategy by HMRC to review the national option to tax records whenever a business …
The Dangers of using Tax Schemes
H M Revenue and Customs (HMRC) have today issued a list of the top 10 things that tax scheme promoters don’t tell businesses before they …
Demands for tax scheme payments are imminent
In a major advance for the Treasury, MP’s have given their final support for radical reforms outlined in the Budget which will allow HMRC to …
HMRC reverses its policy on surrenders
HMRC have recently released a business brief in which they confirm their acceptance that, in appropriate circumstances, the surrender of a lease can be treated …
Auto-Enrolment is here – what do you need to do?
Pension auto-enrolment and your duties as an employer All employers will have to enrol worker in a pension scheme and both will have to make …
Auto-Enrolment is here – what do you need to do? Read More »
Employers: RTI & Penalty Update
RTI stands for Real Time Information and is HMRC’s latest initiative to ensure employers’ returns for PAYE and NI are made on a monthly basis …