Archive for November, 2011

Amidst the Cuts, a Lifeline for Small Businesses and the Unemployed Youth

November 30, 2011

In the Autumn Statement, the Chancellor painted a gloomy picture of the status of the UK economy and the tough measures to be meted out in the time to come. Among the most major drawbacks is the announcement of the reduced growth forecast of 0.7%, public sector job losses mounting to 710000 from 400000 by […]

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Posted in Business news, Medium Scale Businesses, Small Businesses | No Comments »

New Tax Warning Letters for Doctors and Dentists

November 22, 2011

According to the latest press release by HMRC, about 2,500 doctors and dentists have been targeted by HMRC for possible tax evasion. The warning letters have already been prepared by HMRC and will be sending them in the near future. The alleged tax dodgers will have to pay their dues within 21 days or face […]

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Online Access to Tax Records for Every Tax Payer

November 17, 2011

The government is suggesting that every taxpayer should be given online access to their personal tax records. This is a recommendation outlined by the public consultation on making the tax system easier to understand. The other steps outlined include pre filled tax returns to people in the tax return system. All taxpayers will be sent […]

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Posted in Accountants Holland Park, Accountants in Battersea, Accountants in Kensington, Accountants Knightsbridge, Accountants Notting Hill, Accountants Tooting, Business news, HMRC, tax, Tax returns | No Comments »

Tax Evaders to Face Fresh Crackdown

November 9, 2011

People who own foreign properties and have evaded tax all this time will come under the microscope by the UK tax authorities. People with between £2.5m and £20m in wealth and homes abroad will be the first to be targeted by a recently established unit of tax inspectors. HM Revenue & Customs (HMRC) expresses hope […]

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