-
Are you comfortable with all the payroll changes?
The filing requirements for PAYE and NIC are becoming stricter with HMRC imposing interest and penalties for late payment and filing. Penalties start at £100 and rise to £3,000 simply for not filing one of the many forms and returns on time, and late payment of PAYE/NI carries additional fines of 1%-4%. Coupled with the…
-
Pensions Auto Enrollment templates for employers
With the imminent arrival of the new Pensions Regulations, letter templates have been made available from The Pensions Regulator for employers to communicate with workers about automatic enrollment. Communicating with workers is an essential step in preparing for automatic enrollment, and employers are required by law to provide in writing the right information, to the…
-
HMRC crackdown is coming for ‘one man’ companies!
There has been a lot of press comment recently in connection with the apparent abusive ‘tax avoidance’ undertaken by taxpayers providing their services via their own personal service companies. Ken Livingstone has had to address accusations that he has used such a structure to avoid tax. In his 2011 Budget the Chancellor announced the proposed…
-
Lifting the Lid on Tax Avoidance Schemes
The Government has introduced consultation “Lifting the Lid on Tax Avoidance Schemes” to extend HMRC’s powers to tackle aggressive, artificial tax avoidance schemes. The proposals are aimed at improving public information available on tax avoidance schemes and the risks associated with using them. The proposals include extending the Disclosure of Tax Avoidance Schemes (DOTAS) rules…
-
The benefits of a Limited Company
If you are thinking of starting a business, or are already self-employed, you may have considered running a Limited Company, indeed this may have been recommended to you. There are clear tax advantages in running a company as opposed to being self-employed as a sole trader or partnership, although recent sensational headlines from HMRC and…
-
Burgis & Bullock wins major award
Burgis & Bullock Corporate Finance has been voted Regional Financial Advisory Firm of the Year in the ACQ Global Awards 2012. The corporate finance division of Burgis & Bullock has completed a string of deals over the past 12 months including advising on the sale of UK Solutions to a company formed by Penta Capital,…
-
Charities, beware the VAT pitfalls of Service Level Agreements
Are you in the not for profit sector? Do you enter into service level agreements in order to receive “grant “income? If the answer to both these questions is yes then you need to read this. Charities should be cautious when entering into contracts. Contracts are governed by contract law and there can be severe…
-
Could you make a ‘profit’ from the VAT flat-rate scheme?
If your business turns over less than £150,000 and is VAT registered or is looking to register for VAT then this scheme may benefit you. The standard way of accounting for VAT is to pay to HMRC VAT on sales and deduct input VAT on purchases. To simplify the calculation of this VAT HMRC offer…
-
Window of Opportunity to pay backtax – HMRC offer ‘light touch’ for 2009/10 and prior
Higher rate taxpayers who have failed to submit tax returns are being offered the opportunity to come forward and pay up under a time-limited HM Revenue & Customs (HMRC) campaign. The Tax Return Initiative, launched on 3 July, is aimed specifically at people liable to pay tax at rates of 40% and above who have…
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
Read more
free making tax digital briefing 