In mid 2009 we had to fold an LLP due to lack of sales. The business went down to the tune of nigh on £ 100k, all of which was owed to the founding partners who had kept it going.
A London accountant faces eight years behind bars after being convicted of manipulating both his clients' and his own tax returns, pocketing £11m in income tax and VAT payments.
Staff cuts have produced cost savings in national insurance administration, but at the expense of accuracy and response times, according to a National Audit Office report.
Firms looking to outsource their iXBRL tagging are leaving themselves open to error liabilities by not briefing clients accordingly.
Fiona Fernie takes a look at HMRC’s plans to target tax evaders and how to cope if you or your clients are found in the firing line.
OK, maybe I'm expecting too much but.... client received a letter today from HMRC demanding £15k plus interest on pain of all sorts of dire consequences because 2009/10 PAYE remained owing.
So, could this be the latest con?
Am I talking about telephone scams; identity theft; doorstep fraudsters? Nope.
HMRC latest scam seems so be associated with VAT registrations.
Manchester United football club is the latest organisation battling HMRC over compound interest on VAT.
Last year saw a 28% decline in the number of prosecutions against individual tax offenders.