HMRC has produced another of its ‘ toolkits’, this time aimed at telling businesses how they should keep their records. But this isn’t an act of generosity, there’s a sting in the tail. It has just finished a review of the level of penalties it can charge where it believes a business doesn’t keep adequate [...]
Continue Reading →A free electronic service to notify HM Revenue & Customs of any changes in personal circumstances has been launched.
The service allows taxpayers to register changes in jobs, address and other personal details any time night or day.
HMRC says the online forms take only a few minutes to complete and are much easier than [...]
Continue Reading →The year 2010 is more than usually complicated from the tax point of view because of the change of Government and the introduction of an Emergency Budget.
The March Budget introduced a number of measures intended to continue the policy of stimulating the economy by keeping public spending substantially above public revenue. The new Government [...]
Continue Reading →HMRC are warning of a scam, which has become widespread in recent months, offering a tax rebate from HM Treasury with the aim of stealing users ID and passwords. HMRC report that they would never send out notices of a tax rebate by email or invite anyone to fill in an online form.
Continue Reading →HMRC are changing the self employed registration process and will no longer be able to register anyone as self employed without a verifiable National Insurance Number (NINO).
If you are thinking of registering for self employment and do not have a National Insurance number, you should telephone the Department for Work and Pensions [...]
Continue Reading →HM Revenue and Customs (HMRC) is in the process of contacting some half a million companies, advising them of important changes to the way that corporation tax is to be filed in the future.
The letter contains a leaflet that sets out details [...]
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