It must have seemed like a genius idea back in 2011. HMRC had always previously examined business records AFTER they had been submitted, what about looking at the records BEFORE they were [...]
The government has proposed introducing fees for individuals appealing decisions to the tax tribunal as part of broader reforms to civil court funding. As per the FT: “The government is [...]
A few people have emailed me recently asking if HMRC will view them as eBay traders, here’s what you need to know Like most things with HMRC there is the black, the white and the grey. In [...]
Tax officials no longer check why someone was unable to submit self-assessment forms if they provide a “reasonable” excuse HMRC have been automatically sending out £100 penalties to [...]
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]
If you go to HMRC before they have any inclination about underpayment of tax and you make a full and frank disclosure of what you have done to hide tax from HMRC, how you did it and even why you [...]
The HMRC factsheet, Penalties for inaccuracies in returns and documents, is issued when HMRC believes a penalty is likely to be due. The document is full of crucial information most of which is [...]