Tax News

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
Tax News

Personal insolvencies rise

There has been a sudden jump in the number of individuals becoming insolvent, amounting to the steepest rise in more than four years. Figures from the Insolvency Service show that…
Tax News

HMRC increases winding up orders

HMRC filed 4,147 winding-up petitions in the courts in the past year, a 10% rise on the previous 12 months. Peter Alderson, managing director of LDF, said: “HMRC appears to…
Tax News

Landlords face HMRC probe

Concerns over the boom in buy-to-let mortgages could result in a crackdown on landlords and second home owners. As many as 900,000 property owners could be probed by HMRC over…
Tax News

Tax fraud prosecutions to rise

A rule change introduced by HMRC has blocked taxpayers accused of suspected tax fraud from co-operating with revenue officials to try and clear their name before a criminal or civil…

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