Don’t ignore the taxman’s demands

Feb
15
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?

Feb
1
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

Jan
18
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

Dec
16
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

Nov
27
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

That’s never a penalty!

Oct
22
Posted 2015 by admin

I have been both shocked and surprised by HMRC’s latest approach to VAT penalties for deliberate error. “But I don’t make any deliberate errors” you may think. OK, but in HMRC’s eyes you may be… Read More

Back to the future – by Dean Blunden

Oct
21
Posted 2015 by admin

A quick glance at any social media platform today will tell you that it is Back to the Future Day, the famous day that Doc Brown and Marty McFly travelled into the distant future of… Read More