Chartered Tax Advisers & Accountants

News


#APowerTooFar – “Absolute madness”

Published On: 23/10/2014

Our previous blogs on this proposal to allow HMRC to take money from your and my bank account, on the premise that only those who are “willfully not paying their taxes” will be targeted…

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Are You Paying Class 2 National Insurance Contributions Which Are Not Due?

Published On: 20/10/2014

The majority of you out there who are paying Class 2 National Insurance Contributions (NIC) of £2.75 per week will be paying this due to the fact that you are self-employed and earning more than £5,885 per annum from your self-employment income.  

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Tax Return Postal Submission Deadline

Published On: 20/10/2014

The deadline for submitting a paper 2014 tax return is fast approaching.

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Nudge, nudge, wink, wink, say no more than required to the taxman

Published On: 16/10/2014

For the average small or medium sized business, HMRC can be quite intimidating when it puts its mind to it.  And it is increasingly putting its mind to it; most recently by increasing the pressure on all taxpayers by use of what the Sunday Telegraph’s Money section calls ‘controversial “nudge” tactics’.  Specifically, the government’s behavioural insight team is striving to “pinpoint the exact words and concepts that make people more likely to pay their taxes.”

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HMRC in the news again!

Published On: 13/10/2014
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Five million UK workers face uncertainty after tax bills wrongly calculated twice in HMRC blunder

Published On: 09/10/2014

This article, Five million UK workers face uncertainty after tax bills wrongly calculated twice in HMRC blunder, in today’s Telegraph, although not directly related to the ability to extract funds from a taxpayer’s account with permission, it again demonstrates the fallibility of H M Revenue & Customs systems.

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#APowerTooFar – Don’t worry, there will be “robust safeguards”…?

Published On: 03/10/2014

In March this year, the budget included a paragraph which, if implemented, will allow HMRC to take money from your and my bank account and there is nothing we would be able to do about it.  Of course, the premise is that only those who are “willfully not paying their taxes” will be targeted…

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Using Your Accounting Records To Keep One Step Ahead Of The Tax Man

Published On: 02/10/2014 Read more

Why you NEED TO KNOW about the NEW CAPITAL GAINS TAX charge for non-UK residents

Published On: 02/10/2014

Significant Changes to Apply From 6 April 2015

Tax, it was said in a memorable advertising campaign, doesn’t have to be taxing, but it does tend to have a reputation of being boring.  So, how can we bring this very important subject of new Capital Gains Tax Charges (CGT) for Non-UK Residents to your attention without you falling asleep by the end of the page?

Well, it’s difficult, but here goes!

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