Tax

The Tax Return Initiative is a campaign aimed at higher-rate tax payers who are yet to complete their Self Assessment tax returns for years 2009-10 and earlier. The campaign, launched by HM Revenue & Customs, starts on 3 July and runs until 2 October 2012 by which

Individuals should be wary of fake e-mails which appear to have been sent from HM Revenue and Customs. The “phishing scams” take the form of a fake e-mail claiming to be from HMRC, offering a tax refund. The e-mail will encourage the recipient to enter their personal

Following George Osborne’s Budget announcement, Group Tax Director GILL MOLLOY gives an overview of the key points…. Recent Economic Developments and Prospects Three key challenges have been recognised as affecting the UK economy; The euro area crisis that has created increasing instability and uncertainty undermining confidence Higher

From April 2012, all VAT registered businesses that are not already registered online will be legally required to submit returns online and pay VAT electronically. All newly registered and existing businesses with a turnover of more than £100,000 have been legally required to submit their VAT Returns

Her Majesty’s Revenue and Customs has reviewed its Business Record Checks programme and plans to make changes to its approach as a result. Starting in April last year, HMRC undertook a pilot programme of BRC’s which reviewed the adequacy and accuracy of business records within the SME

HMRC is reminding those registering for online filing for the first time to do so by the end of the week, or they will risk missing the self assessment tax return deadline. If you are filing online for the first time, you must register by Saturday 21st

HMRC is warning taxpayers against a spate of fake e-mails in the run up to the 31st January self assessment deadline, which promise a tax rebate to the recipient. These “phishing” e-mails contain a link to a clone of HMRC’s website where the recipient is asked to

Corporate Tax Consultant NEIL LONDRAGAN explains the forthcoming changes to the submission of Company Tax returns and Corporation Tax payments… From 1 April 2011, companies and organisations will have to submit their Company Tax returns online and pay all Corporation Tax and related payments electronically. These changes

Following George Osborne’s Budget announcement, Group Tax Director GILL MOLLOY gives an overview of the key points… Personal Income tax personal allowance: For 2012/13 the personal allowance for those aged under 65 will be increased to £8,105 (£7,475 for 2011/12); The basic rate limit will be £34,370