Tax Return Accountants Putney

Business Record checks by HMRC

Posted by on November 28, 2012 at 10:11 am

HMRC’s decision to commence business record checks has not been greeted with complete enthusiasm. According to the Chartered Institute of Taxation, there will be many problems of interpretation. It also makes the serious point that HMRC still intend to charge penalties in year, where their power to do this is at least doubtful.

Does Your Company’s Assets Provided for Private Use?

Posted by on November 16, 2012 at 10:47 am

Once it was reported of an argument between HMRC and a business for not declaring an item of equipment the company has given for private use. This is a company which involves its employees with expensive photographic gear as part of their job. At one point this company has offered some old equipment to the […]