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Taxation of Partnerships and LLPs
Finally HM Revenue & Customs (HMRC) have published their consultation document on the taxation of partnerships and LLPs. For some time it has been rumored […]
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Double trouble for partnerships and LLPs
A consultation document has been published by H M Revenue & Customs (HMRC) attacking LLP members whose terms are similar to those of employees and […]
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Wake Up Sleeping Partners!
Following a re-interpretation of the law, HMRC have announced that from 6 April 2013 sleeping partners will be liable to pay National Insurance. A Sleeping […]
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£1billion VAT Assessment!
That will be £1billion please! It’s not unusual for businesses to feel that HMRC’s demands on them are unreasonable. It is unusual however, for HMRC […]
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Customs Duties to be modernised by the ECC
Alongside weightier matter like the correct length and shape of a banana, the EC Commission have been busy agreeing the final text for the Union […]
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Tax Man admits errors can happen!
For some years H M Revenue & Customs (HMRC) have had a method whereby they could reduce tax liabilities in cases where errors had been […]
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How to apply for local government contracts
In a recent initiative supported by the Local Enterprise partnership, Councils across the Coventry & Warwickshire regions have joined together to launch an online portal […]
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Small Business loses out
Recent research has concluded that small and medium sized enterprises (SMEs) in the UK are losing out on up to £122 billion in sales revenue […]
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Happy Birthday VAT!
On the 1 April 1973 VAT was introduced into the United Kingdom. “VAT is a simple tax” said Anthony Barber (with his fingers crossed behind […]