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 […]

A budget for small business?

As a whole, Budget 2011 wasn’t a big disaster for small business.  In fact, there were a few encouraging signs and allowances given. Personal Allowance Will be increased by £630 to £8,105 in 2012/2013.  This […]

Tax Refund Scam

An email I received this morning confirming a nice tax refund is due…… Be warned these emails seem to be doing the round at the moment.  Don’t be fooled into thinking you are eligible for […]

New HMRC records checks are flawed

Let’s face it.  A small business simply doesn’t have bookkeeping at the top of their priorities.  In this financial climate, making a decent enough living is a hard enough in any business.  HMRC just doesn’t […]