UHY Ross Brooke Chartered Accountants

Tag: Tax

HMRC website guidance not always reliable

Following complaints that information migrated from HMRC and other government department websites to the new gov.uk website has been simplified and abridged – often with incomplete or misleading advice, we strongly urge anyone relying on HM Revenue and Customs (HMRC) guidance published online to keep printouts or screengrabs to protect

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Lets Party!

In general terms employees and directors are assessed to tax on the cost of any social functions provided by their employer. There is however an exemption that applies to an annual function or functions (for example, a Christmas party) provided that it is available to employees generally and the cost

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Landlords given the chance to "come clean"

Landlords are being given the opportunity to come clean over whether they owe tax. HM Revenue and Customs (HMRC) is targeting landlords in a new campaign, which is expected to run until March 2015. However, landlords are being offer the chance to come forward voluntarily throughout the entire period that

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Lies, damn lies and statistics

In a worrying move, HMRC has been writing to a number of tradesmen informing them that the figures submitted in their tax returns do not compare with the results filed by their competitors and/or the benchmarks set by HMRC. For example, we have learned that HMRC expect Painters and Decorators to

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Tax Floodline Launched

In a praiseworthy attempt to help those affected by the recent flooding HMRC have launched a dedicated helpline 0800 904 7900. The helpline is available Monday to Friday 8am to 8pm, Saturday and Sunday 8am to 4pm. In order to help HMRC have promised: to agree instalment arrangements where taxpayers are

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When the going gets tough………

I am a natural optimist and always try to seek out positives from any situation.  Sometimes it can be quite challenging though! A major part of our work involves looking after clients when times are bad as well as when they are good.  Indeed looking after clients when things are

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