Background Legislation issued in 2013 has provided HM Revenue & Customs (HMRC) with new powers to request data from Merchant Acquirers. Merchant Acquirers are financial institutions that process all credit and debit card transactions on behalf of UK businesses. There are 8 major Merchant Acquirer businesses operating in the UK. HMRC has now received the … Continued
A report by Intuit QuickBooks has found that only 23% of SMEs surveyed enjoyed the financial management aspect of business with nearly half putting off doing their books while wasting between 30 minutes and six hours a week dealing with spreadsheet issues. Source: Sunday Express (03/08/2014)
http://www.accountingweb.co.uk/article/companies-house-make-data-free-all/561614
HMRC is stepping up its campaign against rogue landlords, with plans to send 40,000 letters to buy-to-let investors it suspects of avoiding tax. The letters warn landlords they face a large fine or criminal prosecution if they fail to make contact to arrange their affairs. The Revenue has reportedly employed more staff with the aim … Continued
Don’t miss an opportunity … https://www.gov.uk/apply-growth-vouchers?zl5u
http://www.simplybusiness.co.uk/knowledge/articles/2014/05/hmrc-bank-accounts/
HMRC is stepping up its campaign against rogue landlords, with plans to send 40,000 letters to buy-to-let investors it suspects of avoiding tax. The letters warn landlords they face a large fine or criminal prosecution if they fail to make contact to arrange their affairs. The Revenue has reportedly employed more staff with the aim … Continued
http://www.simplybusiness.co.uk/knowledge/articles/2014/06/7-ways-you-know-you-re-self-employed/?ref_id=ENEWS_TR_0211&utm_source=email&utm_medium=newsletter&utm_campaign=jul14
http://www.financialdirector.co.uk/financial-director/news/2357696/hmrc-business-record-checks-up-60