HMRC wrongly issue fines before the self-assessment deadline

Posted in Blog, HMRC, Tax, Tax Blog on January 21, 2019

It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment …
Read more…

Can you save more than £355 on this year’s self-assessment?

Posted in Blog, HMRC, Income Tax, Personal Tax, Tax, Tax Blog on January 18, 2019

Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed.

HMRC shifting the “tax burden” onto UK consumers

Posted in Blog, HMRC, Tax, Tax Blog, VAT on January 16, 2019

Accounting experts have accused HMRC of shifting the “tax burden” onto UK consumers after finding that 21 per cent of their total income is accounted …
Read more…

HMRC crackdown on online tax evasion in the UK

Posted in Blog, Business, Business Advice, Business Blog, HMRC, VAT on January 14, 2019

The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing …
Read more…

Businesses to be named and shamed under proposed new late payment system

Posted in Blog, Business, Business Blog, Business News, Finance, SME, SMEs, SMEs / Business on January 10, 2019

A newly proposed traffic light system could be used to put a spotlight on businesses with track records of late payments.

What happens if I need to get ready for Making Tax Digital?

Posted in Blog, Making Tax Digital, MTD, Tax, Tax Blog on January 9, 2019

Making Tax Digital (MTD) is quite literally just around the corner. By as early as April, hundreds of thousands of businesses need to be fully compliant …
Read more…

High Street sales continue to fall in December as retailers faced worst sales on record

Posted in Blog, Business, Consumer Spending, Economy on January 9, 2019

For the sixth year in a row, sales have fallen on Britain’s high streets in December.

New Government service has helped 200,000 start-up businesses

Posted in Accountancy, Blog, HMRC, SME, SMEs, SMEs / Business on January 7, 2019

Since the Streamlined Company Registration Service was launched last year, more than 200,000 start-ups have used the service.

Uncertainty stalling UK economic growth, warns BCC report

Posted in Blog, Brexit, Business, Business Blog, Economy, SMEs, SMEs / Business on January 4, 2019

UK growth is stagnating as a result of heightened Brexit uncertainty and other economic pressures, the British Chambers of Commerce (BCC) has warned.