Generally speaking, debts of a person’s estate are deductible for Inheritance Tax (IHT) purposes – though there are some circumstances where specific debts cannot be […]
Changes to Inheritance Tax & Loans Read More »
If you have been sent a tax return for any tax year up to 5 April 2012, and it has not been submitted, you
Catch-Up with HMRC Read More »
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
Taxman looking for property deals Read More »
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
HMRC launch new task forces Read More »
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
Internet VAT rules to change Read More »
Finally HM Revenue & Customs (HMRC) have published their consultation document on the taxation of partnerships and LLPs. For some time it has been rumored
Taxation of Partnerships and LLPs Read More »
A consultation document has been published by H M Revenue & Customs (HMRC) attacking LLP members whose terms are similar to those of employees and
Double trouble for partnerships and LLPs Read More »
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
Wake Up Sleeping Partners! Read More »
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
£1billion VAT Assessment! Read More »
For some years H M Revenue & Customs (HMRC) have had a method whereby they could reduce tax liabilities in cases where errors had been
Tax Man admits errors can happen! Read More »
free making tax digital briefing Making Tax Digital is already live for many business. Our next free MTD briefing is designed to answer the questions we hear every day from business owners:
What MTD means for you What software you may need What HMRC actually expects Live Q&A