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 […]