9am Lowdown: Landlords, fraud & unnecessary SA

Share this content

Hello! Here is the news that’s making Monday’s headlines.

* * *

What’s in the news

Newham council says HMRC may be losing £200m a year in London alone after finding half its 27,000 landlords failed to register for self-assessment. (The Guardian)

* * *

Natalie Saul, an accountant who stole £350,000 from her technology firm bosses to fund her gambling addiction, was spared jail after the judge decided that she was “not the general stuff of which the prison population is made”. (The Mirror)

* * *

963,000 taxpayers were found to be unnecessarily registered for self-assessment in the past two years and have now been taken out of the system altogether. (The Telegraph)

* * *

Morrisons has announced that it will follow the lead of its supermarket rivals Tesco and Waitrose by paying the so-called tampon tax. (City A.M)

* * *

Sports Direct has won the right to appeal HMRC’s position that it owes millions to dozens of EU tax authorities for VAT for online sales to consumers. (Avalera)

* * *

New on AccountingWEB

Finola McManus reviews the key stages in planning for succession and the main headline areas to address.

In our new podcast, Anil Stocker and Bobby Lane discuss how accountants can capitalise on Fintech and alternative finance.

Whilst 86% of UK accountants agreed that the Government has made the right decision to delay MTD, 47% are still continuing with their preparations for supporting quarterly reporting, reports a new Thomson Reuters survey.

Over on the blogs Adam Tavener from Clifton Asset Management discusses the launch of the Alternative Business Funding platform.

The Any Answers question of the day AccountingWEB blogger FirstTab who has a number of questions around employing subcontractors.

About Accounting WEB

AccountingWEB logo

Contributions from the AccountingWEB.co.uk editorial team.


Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.