If you gave or received HMV vouchers this Christmas, the news of the company’s move into administration may have added a little disappointment to your festivities. But don’t worry, the current advice is to get [...]
HMRC investigate and prosecute individuals and companies that have broken tax law every day. This particular story is in the headlines because it involves a Blackburn restaurant that participated in Ramsey’s Best Restaurant in 2013. [...]
One of HMRC’s many powers is the ability to seize the assets of businesses that are unable to pay their tax bill in cash. Last financial year, they did this to 2,833 businesses. This is [...]
As you stop for a quick caffeine and sugar hit while you’re Christmas shopping, this latest story may affect your choice of coffee shop. Caffe Nero are the latest in a line of huge companies [...]
HMRC considers a Christmas party to be in the interests of ‘staff welfare,’ so some employers can claim it as a tax and NICs exemption. Which businesses can claim a Christmas party tax exemption? You [...]
The short answer is, it depends how much you earn whether or not you pay less income tax if you live in Scotland. According to the proposed new budget, it will actually be more expensive [...]
A recent survey done by Populus for the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) suggests that there is quite a difference of opinion between those over 45 and under 45 [...]
Netflix disclosed that its UK tax position is “under examination” by HMRC, in its submission to regulators in America. The Times revealed that Netflix Services UK Ltd. only declared a profit of £1.12m last year. [...]
This is an interesting point put forward by the ACCA’s head of taxation, Mr Roy-Chowdhury. He doesn’t mean that the system is too easy to hack, but that its complexity confuses taxpayers and makes them [...]
