Category: Tax News

SMEs avoiding the books

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)

Landlords fall under HMRC’s gaze

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

Landlords fall under HMRC’s gaze

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

Interesting read

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

Get ready … Just in case

http://www.financialdirector.co.uk/financial-director/news/2357696/hmrc-business-record-checks-up-60

50% of VAT fines are wrong

http://www.simplybusiness.co.uk/knowledge/news/2014/05/incorrect-vat-fines/?ref_id=ENEWS_TR_0211&utm_source=email&utm_medium=newsletter&utm_campaign=jun14