Early Problems with RTI reporting
Since the inception of RTI (real time reporting) for payroll payments, some employers have had difficulties reconciling what they think they owe the...
27 September, 2013
Latest News
Directors warned against taking early dividends
Company directors who take a proportion of their salaries as dividends could be building up a significant liability if things do not go...
06 August, 2013
Freelancers overpay tax due to DIY bookeeping
A recent survey has shown that self-employed individuals who keep their own business records and complete their own self-assessment tax returns are unnecessarily...
06 August, 2013
Incorrect Tax Codes issued by HMRC
Early glitches in the new Real Time Information (RTI) reporting of weekly and monthly payroll submissions have led many workers to be issued...
10 June, 2013
Underpaid Workers receive back pay
During the 2012-13 tax year, many either unpaid workers (interns) or low paid workers earning below the national minimum wage have received what...
31 May, 2013
Beware of spam Tax Credits Emails
The HMRC have issued a warning for individuals to be wary of any scam emails suggesting that you may be due a refund...
30 May, 2013
HMRC uses its power to seize assets for unpaid VAT
HMRC is stepping up its existing powers to seize assets for unpaid VAT bills. HMRC has used its powers of ‘distraint’ to seize the...
24 April, 2013
AAT Raises Focus on Professional Ethics for its Members
The AAT (Association of Accounting Technicians) has shown further commitment toward focusing on the professional ethics for its members The AAT has stressed its...
24 April, 2013
Big Penalties for 11/12 Tax Returns Still Yet to be Filed
Any taxpayers who have still yet to file their tax return for the tax year ended 5th April 2012 will be issued stiff...
19 April, 2013
HMRC Investigate Unpaid Internships
The once American practice of offering unpaid internships for individuals to gain useful work experience is being investigated by the HMRC as contravening...
17 April, 2013