An elderly person did their own tax returns for many years. After their death, it was discovered that the deceased has paid too much UK tax but has not paid any tax in France.
A journalist asked me recently “What is the worst mistake accountants can make when they are trying to ‘close’ a prospective client?” says Mark Lee.
Over recent weeks, there have been a few threads in Any Answers asking for advice on correcting errors, e
Found an error? Is a penalty likely? This article explains which penaty regime will apply to mistakes you find, and how to put them right.
When a business has made an error on a VAT return, the interaction of the new penalties and the voluntary disclosure process (now called 'error correction') is complicated, and has given rise t