Tax Registration Archive
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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... -
HMRC Scathed By Watchdog
Posted on June 23, 2010 | No CommentsHM Revenue & Customs recently found themselves being brutally scathed by the BBC’s Watchdog programme. People have complained about the excuses offered to them by HMRC in terms of “backlogs” and “computer glitches”, one person was even told that his files had been “lost”. HM... -
40% of calls to HMRC Remain Unanswered
Posted on March 26, 2010 | No CommentsRecent research by the BBC shows that as much as 40% of calls placed to HMRC remain unanswered. People trying to contact Revenue and Customs to help and support are being left out in the cold. This is especially surprising and no doubt frustrating, considering... -
HMRC – Penalties For Failing To Notify
Posted on March 11, 2010 | 2 CommentsIn further steps to clamp down on tax avoidance, HM Revenue & Customs are planning to implement a penalties system for those who have failed to correctly notify them with regards to Tax or VAT. This will not only apply to those who are intentionally... -
Tax Cheats To Be Named and Shamed
Posted on March 8, 2010 | 1 CommentFrom the 1st of April this year, Section 94 of the Finance Act 2009 will come into force. This will mean that HM Revenue & Customs will have the power to name and shame both companies and individuals who have intentionally avoided paying the correct... -
PAYE Changes Coming This Spring
Posted on February 11, 2010 | No CommentsChanges to the PAYE Scheme (Pay As You Earn) are due to come about this spring, the HM Revenue & Customs have announced. The changes are in line with others within the HMRC where more and more filing is moving online. For small companies with... -
Pubs To Face Retrospective Gaming Tax?
Posted on February 11, 2010 | 3 CommentsPubs that have gaming machines on their property have always been required to hold a licence and abide by the Gaming Machine Regulations 2007 No. 2158. But now those pubs running quiz machines like “Who Wants to be a Millionaire?” might be facing potential taxation... -
HMRC Problems Causing Tax Errors
Posted on February 8, 2010 | No CommentsThe BBC are reporting (“IT Problems at the Revenue“) that there are problems with the HMRC computer system which might mean people end up paying more tax than they should. Apparently anonymous staff have reported “problems with the system” which might mean if it isn’t...
