News

Tax chiefs issue warning over capital allowance claims
03 June 2014

Businesses have been warned that HM Revenue & Customs will challenge attempts to claim capital allowances beyond their scope after a multi-million pound claim made by one of the UK’s largest clothing retailers was rejected for the second time by a tax tribunal.
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Entrepreneurs urged to check for professional qualifications
03 June 2014

UK small businesses could be damaging their growth prospects by paying accountants who aren’t even qualified, an accountancy body has warned.
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New tax statements on the way
12 May 2014

Around 24 million people are to receive a personal tax statement from HM Revenue & Customs (HMRC), setting out how much tax they paid in 2013-14 and how it contributed to public expenditure.
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HMRC targets second incomes
12 May 2014

Employees who have undeclared income from self-employment are being urged to notify HM Revenue & Customs (HMRC).
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Property tax net set to catch non-residents
06 May 2014

The government has launched a consultation on its proposals to introduce capital gains tax (CGT) for non-UK residents when they dispose of residential property, which could have significant implications for overseas property investors.
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Speak up on auto-enrolment issues, employers urged
06 May 2014

Employers struggling to meet their automatic enrollment duties should raise the alert with the Pensions Regulator sooner rather than later, the organisation has warned.
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Late payments ‘remain a worry’
02 May 2014

Late payment remains a concern for many small businesses according to the latest research from the national small business group, the Forum of Private Business.
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‘Top-ups’ plan comes a step closer
02 May 2014

Further details have been published of a time-limited opportunity for pensioners to make extra national insurance contributions (NICs) to top up their state pension.
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Reform business rates, say MPs
08 April 2014

The current system of business rates is not fit for purpose and needs to be fundamentally reformed, says an influential committee of MPs.
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