If you fill in a tax return you are legally obliged keep all the...
Businesses can currently write off 100% of the cost of qualifying assets against their...
From 6th April 2011 there is to be an increase in the Personal Allowance...
The Default Retirement Age (DRA) of 65 is to be phased out between 6th...
All online tax returns must be filed by midnight on the 31st January or you will be subject to £100 fine. Payment of the outstanding tax should also be made by this time or there will be interest of 3% per annum from the relevant payment date, added to the amount of tax you pay … Continued
Given the significant rise in the number of investigations being carried out, the likelihood and possible cost of experiencing an investigation, is increasing. The handling of a tax investigation can be expensive with costs running into thousands of pounds. M. B. McGrady & Co offers an insurance policy against such investigations, called CCH Insurance. In … Continued
The HRMC published a consultation paper on the 17th December 2010 outlining their intention to concentrate on Business Record Checks. This proposal aims to assess the adequacy and accuracy of Business Records in the Small and Medium sized (SME) business sector (Small or Medium businesses are defined as having a turnover of less than €50 … Continued