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
Read more →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
Read more →Individuals who sell directly to customers and take commission on sales have just one week left to come forward to HMRC and pay any tax they have outstanding. Direct selling consists of selling directly to customers without the need of a shop and taking commission on sales.
Read more →Celebrations are taking place this week at Champion Accountants, as the latest ACCA results are released and team members across the group are one step closer to achieving their professional qualifications. Nathan Jones from the Chester Accountants practice passed P6 Advanced Taxation, meaning he has just one
Read more →Champion Accountants Chester are celebrating this month as Laura Blackburn has become the latest member to pass her exams! Laura passed her all important final tax exam with flying colours, meaning she is now fully CTA qualified. Laura commented “Following completing my ACCA, this is something I
Read more →Champion are taking our next round of quiz nights up the River Nile and to the Pyramids of Egypt – and we hope to see you there! Join us to pit your wits against Champion team members, clients and contacts and your team could be walking away
Read more →If you are yet to complete a self assessment return that was due for submission to HMRC by 31st January 2012, you will now face additional penalties from HMRC. The penalties are effective from 1st February 2013 and are relevant to individuals who are yet to complete
Read more →HMRC will target businesses with outstanding VAT returns as part of their latest campaign. The campaign is aimed at business that have one or more VAT return outstanding and as many as 50,000 businesses are expected to be chased by HMRC. These businesses will be given the
Read more →Did you know that HMRC has released a mobile tax calculator app? Introduced in May 2012, the app allows individuals to work out the amount of tax they pay and how the Government spends it. The app was set up as part of a Government initiative to
Read more →DEBBIE THORN advises caravan manufacturers, distributors and caravan park owners on forthcoming new VAT rules… This year, the VAT rules on static holiday caravans are changing. From 6 April, the zero-rating of VAT is being withdrawn and will be replaced with a 5% reduced rate. This new
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