HMRC News: E-traders beware!

HMRC have announced yesterday that another new campaign will be launched in the next year to target private tutors and e-marketplaces such as Ebay. The understanding is that HMRC believes that these two sectors knowingly […]

Is it time for HMRC to change tact on amensties?

HMRC has recently announced a new amnesty campaign to target businesses that are trading above the VAT threshold but are not registered. The campaign is set to start later on in the year and will […]

Accountancy and SAAS – A natural partnership

There is quite a lively debate over on the BusinessZone where on-premise software provider, Accountz, complains that cloud computing is a rip off.  He suggests that “monthly charges for products in what is known as […]

Worrying times ahead? Probably just the weather, bank holidays or the wedding….

Completing our usual month end checks for customers from  a variety of industry sectors has resulted in some interesting characteristics amongst many small businesses in April. In many sectors, there has been a noticeable reduction […]

Plumbers in the firing line with HMRC

HMRC recently suggested that plumbers and gas engineers had been singled out as their next target for tax affairs policing.  So today, HMRC notified us that 50,000 letters are being sent out to the trade “alerting […]

HMRC bookkeeping checks – what should you do?

When HMRC announced plans that they would be targeting 50,000 businesses per year over the next four years it was supposed to be the start of a consultation period to judge responses.  However, it looks as […]

A new year and new start?

Now that we are firmly in the new tax year (Happy New Year – sorry a corny Accountant joke) is it time to stand back and take a fresh look at your business and give […]

Stiff new late filing penalties

HMRC have released more information surrounding the new penalty scheme for late delivery of self assessment tax returns for 2010/11. They have been keeping this relatively quiet and I am not surprised one bit. The […]