Changes to Online VAT Services

HMRC are urging new businesses which need to register for VAT to do so online. Registering for VAT online has now become easier, more secure and faster than using a paper form. As well as providing users with online help, the system provides an immediate on-screen acknowledgement

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Creative Industry Tax Credits

Corporation Tax relief will be made available to the animation, high end TV and video games industries from 1 April 2013, meaning that companies will be able to claim a payable tax credit from HM Revenue & Customs against production costs. The tax relief, known as ‘Creative

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Advisory Fuel Rates Update

PAUL BRIDES advises on new company car advisory fuel rates that are to take effect from 1 March 2013. Employers are advised that for one month from the date of change, they are permitted to use either the previous or new current rates. They may therefore make

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Budget 2013

Following George Osborne’s Budget announcement, Group Tax Director GILL MOLLOY gives an overview of the key points. Please click the link below to view the PDF document. The Budget 2013 If you have any queries or require further clarification on any of these areas, please contact Group

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Champion Launches New Education Division

Northwest schools and academies can now access specialist business advice, courtesy of a new department at Champion Accountants. Champion’s Education Division has been created to meet the needs of a growing market of primary and secondary schools that have converted to “Academy” status, or are in the

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Government Cracks Down on Isle of Man Accounts

The Government has formed an agreement with the Isle of Man to crack down on individuals who try to hide their money offshore. The agreement is part of the Government’s offshore anti-evasion strategy and follows agreements previously made with the US and last month with Switzerland. Under

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HMRC’s Dispute Resolution to Continue

HMRC has announced it will continue to run its “Alternative Dispute Resolution Service” (ADR). ADR was initially set up as a two-year pilot scheme for SME’s (small to medium sized businesses), to settle any disagreements following compliance checks carried out by HMRC. As part of the service, a

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