I have a client who often pays PAYE early, thus ensuring HMRC allocate it to the wrong period.
HMRC permanent secretary for tax Dave Hartnett has rejected claims that HMRC is too cosy with big business and has said that people who pay cash in hand to tradesmen are “diddling” the economy.
A client has received in January 2012 a £400 penalty for late submission of the P11D for the year ended 5 April 2007. He is rather upset about this!
Tradespeople such as roofers and bricklayers and people who make money from home catalogues are next in line for HMRC’s rolling programme of tax crackdowns which have raised more than £500m so
HMRC will soon be able to require employers to pay a security where there is serious risk that they won’t pay their PAYE tax deductions or NICs.
David Perrin, a former deputy managing director at Vantis Tax, has been jailed for 18 months after trying to defrauded taxpayers of £70m.
The traditional P45 form summarising tax paid at then the end of an employment will remain in use after a change of heart at HMRC.
HMRC’s programme of Business Record Checks is going back to the drawing board.
With Self Assessment season over for another year, Robert Lovell looks back at practitioners' experiences during the last month.
Members of AccountingWEB's Working Together eGroup have started a thread questioning HMRC's timetable for sending out new tax codes.