Are you ready for the new dividend tax?

Posted 2016 by admin

Business owners and shareholders need to reassess their position on dividends ahead of changes to the way they are taxed next month. At present there are considerable savings to be made in National Insurance contributions… Read More

Don’t ignore the taxman’s demands

Posted 2016 by admin

Advanced Payment Notices were introduced in 2014 to recover disputed tax and HMRC can issue notices to demand tax that it believes it is owed. Ignoring an APN and hoping it will go away is… Read More

A timely reminder?

Posted 2016 by admin

New data shows that businesses in the UK have already been fined more than £65 million since April last year for failure to submit their accounts on time. The figures released by Companies House show… Read More

Seek advance assurance for SEIS investments

Posted 2016 by admin

  The SEIS was created to encourage individuals and other businesses to invest in new enterprise and entrepreneurship in return for tax incentives. Under the scheme, individuals can invest a maximum of £100,000 in a… Read More

Tax Investigations Update

Posted 2015 by admin

In this update we go back to basics and look at how HMRC chooses individuals and businesses for enquiry once it has received the finalised returns. Tax gap by type of tax: The current tax… Read More

Another blow for buy-to-let landlords

Posted 2015 by admin

In recent years buy-to-lets have become increasing popular with seemingly everyman and his dog looking for a piece of the action, but the Autumn Statement contained a slap in the face for potential buy-to-let Landlords…. Read More

Are you storing up tax problems?

Posted 2015 by admin

The new rules for VAT on the storage on goods came into force on 1 October 2012 but there does seem to be plenty of evidence that it is not properly understood. From that date… Read More