HMRC prevents phone fraudsters

Jul 03, 2019

New defensive controls recently deployed by HMRC have put an end to fraudsters spoofing the tax authority’s most recognisable helpline numbers.

Fraudsters have increasingly mimicked legitimate…

Read more

Tax Diary July/August 2019

Jul 03, 2019

1 July 2019 - Due date for Corporation Tax due for the year ended 30 September 2018.

6 July 2019 - Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class…

Read more

Legal and professional fees and property transactions

Jul 02, 2019

We are often asked to explain if the professional fees you pay, associated with a property transaction, are a tax allowable deduction.

The straight-forward answer is yes, they are, but it is…

Read more

CGT giveaway?

Jun 27, 2019

The awkwardly named “Gift Hold-Over Relief” (GHOR) allows you to give away business assets – including certain shares – or sell them for less than they are worth, and not pay (or pay reduced) capital…

Read more

Have you heard of the Prompt Payment Code?

Jun 25, 2019

The Prompt Payment Code (Code) is not a fanciful device to access cash from bank machines or a way to secure automatic “prompt” payment from your customers.

The Code was actually set up by the…

Read more

What exactly is insolvency?

Jun 20, 2019

The dictionary definition of insolvency is less than illuminating, it is:

The state of being insolvent…

Listed synonyms provide more detail:

bankruptcy · liquidation…

Read more

Complaining to HMRC

Jun 18, 2019

Although many of the tax office processes are automated, dealt with by computerised systems, the rest is managed by human beings each subject to the same range of foibles as the rest of us. And we all…

Read more

The real tax cost of benefits in kind

Jun 13, 2019

There is a sting in the tail for companies that provide their directors or employees with taxable benefits as part of their remuneration package.

Obviously, the directors or employees that receive…

Read more

MTD for VAT is now live

Jun 12, 2019

Making Tax Digital for VAT (MTD for VAT) is now live. Here, we answer some key questions.

Q: Do all VAT-registered businesses start at once?

A:

Read more

Sign up to our newsletter

Stay on top of what's happening, get information, and learn about our people.

Sign up