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Latest news

Real Time Filing

Another well kept secret of HMRC.

 

At the end of this month the consultation period comes to an end. Consultation about the implementation of one of the most far reaching changes to the operation of PAYE almost since it was introduced.

HMRC Task Forces on the march

HMRC announced back last year that they would be creating 12 Task Forces which would be geographically specific and carry out intensive bursts of compliance activity into high risk trade sectors.

Wolfattack

A further 6 task forces have just recently been announced following the success of an attack on restaurants in London, Scotland and the North West of England. Over 530 businesses were investigated and unpaid tax of almost £700k identified in just 10% of the total and 22 business owners now face prosecution and potentially a prison sentence. 2 restaurant owners were detained in Edinburgh and subjected to interview as part of the Scottish element of the investigations.

The 6 new task forces announced are:

Car Allowances: Earnings or Expenses?

It's not often that the taxpayer wins a famous victory but as this article goes to press, it looks like he has.

The case was Total People Ltd vs HMRC. For those who like the detail, the case citation is [2010] UKFTT 379 (TC) and is from the new First Tier Tax Tribunal. The case concerned a contention that payments to employees as a "car allowance" were motoring expenses and not earnings. To the ordinary man or woman in the street, there doesn't seem to be much difference but to the tax geek, there is a world of difference.

The main difference is that relevant motoring expenses do not attract a charge to employers national insurance whereas earnings do. Is this just another tax case that affects one or two people, and is it such a special situation that few businesses can get any advantage from it?

Dates back on line

Pleased to report that our important dates are now back on stream. Take a look here at our important tax deadline dates

 

Sorry for this slight interruption to normal service

Important Dates

Due to a small technical hitch, our Important Dates page is currently down. We are working on this to restore service as soon as possible.

 

Meantime, If you need to know about deadlines, please complete the response form below.

Brand New Alliance with EmployEasily HR Services Ltd

I'm pleased to announce a brand new alliance with EmployEasily HR Services Ltd.

 

After fruitful discussions we have agreed with Gary Sutherland, EmployEasily's dynamic MD, to carry articles each month on important, informative and topical Employment Law and HR topics helpful to small and medium sized businesses. When asked to comment on the new collaboration with NGM Accountants, Gary said, "I've been watching the success of NGM Accountants for the a while now and believe that this is a great opportunity for us both to share our expertise across a wider group and so help more businesses. We're both passionate about making sure that our clients have the right information to take decisions and the articles will be addressing two of the most complex areas of law in the UK today, Tax and Employment Law." John said, " I've known Gary over the past few years and admire his practical, client focussed business which gives great value for his clients. He has great plans to help small businesses with employment matters and I'm looking forward to a long and profitable relationship for us both".

HMRC stays in the news

They do say that no publicity is bad publicity its just how you handle it that makes the difference.

 

I don't feel sorry for HMRC's latest bit of bad publicity, suggesting that they are going to write off £1.5billion of old, unpaid taxes. A whistleblower inside HMRC confirmed that the focus was on debts that were under two years old and on refunds due but now HMRC spokesperson says that this is not the case.

Enemy of Apathy

Today in The Herald, there was an article about general taxpayer ignorance and apathy about our glorious tax system coinciding with the inexcusable failure of HMRC to properly manage their affairs - our affairs. If you want to check out the online version of the article, it's here.

 

It made me wonder just a little if maybe I could help with reducing ignorance by publishing some practical and simple information. As far as the apathy goes, I can do nothing about that!

Tax notices - who's right?

If you get what looks like a tax demand in the next few days, don't panic. It's merely a statement of what the taxman thinks you owe them or that he owes you.

 

If you are one of our clients, simply send what you receive to us and we will check it for you.

Still more Good News and Bad news...

bad news truck

 

More good news this week which I know is hard to believe, since its only 4th September already.