Accountancy Archive
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FPB Warns Small Businesses To Keep Proper Accounts
Posted on January 20, 2011 | 1 CommentThe Forum of Private Business recently published an article warning small businesses to take care and ensure proper records of financial transactions. As previously noted by us account filing will be online (mandatorily) from April 2011 and with the new VAT changes and the Government... -
The Office of Tax Simplification – “Britain Is Open For Business”
Posted on July 22, 2010 | No CommentsNews from the Government shows the upcoming creation of a new body known as The Office of Tax Simplification. Just like the body’s title, the idea is simplifying things for business. A number of new measures have been introduced lately which make it clear that... -
HMRC Clamps Down on Tax Fraud
Posted on July 6, 2010 | No CommentsIn recent news, HMRC has demonstrated its tough stance when it comes to tax fraud. A London accountant, a 21 strong criminal gang and 11 members of a Ukrainian gang have all been subject to legal action, facing jail time and repayment orders. With the... -
HMRC Mandatory Online Account Filing From April 2011
Posted on June 24, 2010 | 1 CommentIn further moves to take everything online and streamline their services, HMRC will be requiring corporation tax returns and accounts to be filed via the web from April 2011. More specifically, these accounts will need to be produced in an iXBRL format. iXBRL (inline eXtensible...
