“Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate.
Insider Business & Tax News – March 2020
Welcome to our briefing designed to bring you tax tips and news to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Reading Time: 5 minutesDownload PDF […]
Tax implications of providing company cars
In an attempt to boost the sales of zero-emission cars, the benefit-in-kind percentage will reduce from 16% in 2019/20 to 0% from 6 April 2020. Watch Video Below Offering a company car as a benefit can be a valuable and attractive perk to any valued employee. Unfortunately, it is not necessarily a tax-free perk and […]
Tax & Business News – February 2020
We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.
Tech Event Announcement
Panel: Finance and Funding with Fintechs Wednesday 12th February 18:00 TechHub London 1-15 Clere Street London EC2A 4UY United Kingdom Explore the opportunities and pitfalls of successfully scaling your business with our experienced and expert panel. We are delighted to be co-hosting with TechHub an evening for any startups with cash issues (99% of you) […]
HMRC investigations against rental property owners
HMRC has launched hundreds of investigations against the Owners of Rental Property in the last few years. The Government is faced with record levels of deficit. As it works to fill a public finance black hole, it has allocated significant resource to HMRC to yield increased tax revenue by carrying out compliance checks. We have […]
What could a tax enquiry mean to an individual?
Enquiries often involve a detailed examination of a specific item on a tax return whilst others may extend to a full review of an individual’s personal affairs. Since 2008, billions of pounds worth of extra tax has been clawed back and the reach of ‘Connect’ is ever growing. We have experienced a number of enquiries […]
What could a tax enquiry mean for your business?
HMRC has the power to inspect business documents and assets at your premises, can ask for documents and information, make unannounced inspections and go back up to 20 years to investigate matters. In recent years HMRC have launched various checks on specific industries. It is not uncommon for a business to receive a letter from […]
Legal helpline – 24 hours a day, 365 days a year
Unannounced HMRC visits ‘out of hours’ helpline is now included as part of our tax investigation service. Make sure you are subscribed today. HMRC have the power to make unannounced visits to any business. Sometimes these visits can be late at night. Clients who subscribe to our Tax Investigation Service will now be provided with […]