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Catch-Up with HMRC
If you have been sent a tax return for any tax year up to 5 April 2012, and it has not been submitted, you may want to consider taking part in HMRC’s latest campaign. In essence, HMRC are offering to look kindly on any penalties chargeable, as a result of late filing or late…
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There’s no substitute for financial advice
A recent article in the Mail on Sunday by Jeff Prestridge extolled the virtues of obtaining independent financial advice. Demand for advice is likely to increase as retirement plans become more complex, fuelled by the changes to State Pensions, the increases to retirement ages and diminishing contributions by big employers. Added to this people want…
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Furnished holiday property attack
Last year a case was heard before the First-tier Tribunal that found a Furnished Holiday Let (FHL) property should not be considered an investment for Business Property Relief (BPR) purposes. This was an important decision for owners of FHL businesses as it confirmed the availability of BPR for Inheritance Tax purposes. If the property in…
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3rd International Award for Burgis & Bullock
Hot on the heels of the Acquisition International Magazine announcing Burgis & Bullock Corporate Finance as one of the winners of their 2013 M&A Awards , we have also been awarded “Regional Corporate Finance Advisor of the year” in the ACQ Global Awards 2013. This is the second year in succession that ACQ have recognised Burgis &…
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Another International Award for Burgis & Bullock
Burgis & bullock Corporate Finance have been awarded another International Award. The publishers of Acquisition International Magazine announced the winners of their 2013 M&A Awards at the start of July. AI’s M&A Awards celebrate excellence and commemorate the achievements and hard-work of all those involved in seeing a deal through to completion. The awards recognise investors,…
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Burgis & Bullock Ranked in Top Three Accounting Alliances Globally
For the second consecutive year, Accountancy Age Magazine, has recognised Burgis & Bullock’s alliance, The TAG Alliances™, as one of the top three accounting alliances in the world. The rankings, which are based on the collective revenues of the member firms, include 21 associations and alliances. In addition to being one of the largest alliances…
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Taxman looking for property deals
In another initiative designed to boost the treasury’s coffers, H M Revenue & Customs (HMRC) have written to approximately 40,000 individuals who they have identified have sold a property in the recent past but has not (in HMRCs opinion) been declared on a self assessment return. The letter states “Our records indicate that you may…
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HMRC launch new task forces
An HMRC taskforce targeting tax dodgers in the road haulage industry in the Midlands has been set up this week. HMRC sets a target level of additional tax for each Task Force to recover and has said that it hopes that this one will recover £3.5 million. HMRC has collected more than £80 million as…
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Internet VAT rules to change
Business that trade online should beware, as the VAT man may have you in his sights! In a recently published report, HMRC comment that businesses trading on the internet will come in for great deal more scrutiny in the months to come. I suspect that only the most troubled insomniac would consider that reading this…
Last week, our trainees took part in an internal audit training session designed to strengthen their technical knowledge and support their professional development. While gaining practical skills was the key objective, we also wanted to make the learning experience engaging and enjoyable, so we incorporated some games. At Burgis & …
October 14, 2026
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