hmrc negligence
Tax Saving Accountants

The deadline for sending paper tax returns has passed

If you are sending your tax return on paper, rather than online the deadline is midnight on the 31st October. You will need to send a tax return if you are, for example, self employed, a company director, receiving taxable income from overseas or having to pay tax that cannot be collected through PAYE. To […]

sole trader looks pleased
Tax Saving Accountants

How accountants can boost your business

Taxes can be complicated, unless you’re well versed in the matter. If you do find taxes to be a struggle, it might be worth investing in an accountant, especially because the consequences for getting your taxes wrong, particularly over a long period of time, can be severe. If you have a complicated financial situation, then […]

hmrc negligence
Tax Saving Accountants

HMRC getting tough on SMEs filing paper returns

HM Revenue and Customs have announced their latest tranche of measures to deter people from submitting paper-based tax returns, with a £100 penalty even if submissions arrive just a day late. Some have jumped up to say this is rather unfair, not least because HMRC gives people who file their returns on the Internet an […]

board room with a chart overlayed
Tax Saving Accountants

Better funding to become available for SMEs

Metro Bank Supports SMEs With Cash Flow Problems Now here’s some exciting news: Metro Bank, which has more than 12 branches throughout London, is going to be helping small businesses to overcome cash flow problems by offering millions in funding. This is in association with Vince Cable, who is the Business Secretary in the existing […]

Payroll accountants and payroll services
Tax Saving Accountants

Is there too much regulation for small businesses?

The FSB have claimed that small businesses across the UK are suffering from too much regulation which prevents them from growing effectively, in addition to making hiring new staff harder. The organisation further claims that those who are already in employment are protected more than those who actively seek work along with millions of others […]

Annual-Account-Preparation
Tax Saving Accountants

Debate: How much tax should the wealthiest pay?

It’s an age-old debate both here in the UK and across the Atlantic. With the Labour conference ongoing in Manchester – and Ed Miliband claiming that only the richest individuals benefited from the new 45p rate – there seems to be scepticism as to whether this tax break actually results in more revenue overall. Meanwhile, […]

Tax Saving Accountants

Government needs to address raw material shortages

The business group, The Material Security Working Group (MSWG), which includes a wide range of members including Friends of the Earth and the manufacturers' organisation, EEF, has asked the Government to be more proactive over the raw material shortage that is threatening the UK. MSWG says that there are a number of reasons why the […]

big-ben-in-front-of-union-jack-flag-background
Tax Saving Accountants

So you think you can avoid the taxman…?

HMRC has saved the taxpayer an estimated £200m by taking three tax avoidance schemes to the courts – and winning all of its cases. The first case involved a scheme that addressed capital gains tax and which, according to HRMC, prevented around £90m finding its way to the treasury. The second case involved the directors […]

desk
Tax Saving Accountants

MPs still having a taxing time

The 2009 expenses scandal that exposed many MPs for claiming where they shouldn’t have had the nation screaming for reform. This led to the Independent Parliamentary Standards Authority (IPSA) being set up to oversee the changes that needed to be made – but which, in its turn, is creating unrest with MPs complaining that it […]

Tax Saving Accountants

HMRC accused of making kids ‘spy’ on tax evaders

HM Revenue and Customs have announced that there is going to be a new initiative to help children understand about tax, and the significance it has on the community in which they live. However, there has been widespread controversy about the course after it was revealed that 11-year-olds would be asked to name and shame members […]

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