Tag Archive

The Second Income Campaign

Published on November 21, 2014 By admin

The Second Incomes Campaign is a chance given by HMRC to bring your tax affairs up to date if you’re employed and have additional income that’s not taxed.   You can take this opportunity if, you’re an employee, you’re resident in the UK or you have additional income from working for yourself   What counts […]

Is all the Anger on Tax Avoidance Justified?

Published on January 31, 2013 By admin

Most of the UK’s larger businesses have made a significant contribution to the public purse despite adverse economic conditions and public outcry over multinationals using complex tax structures to avoid paying tax. Global companies including Amazon, Google and Starbucks have attracted public ire over their corporation tax bills, but a study by PwC has found […]

An in-depth Analysis of Advisory Fuel Rates for VAT

Published on October 12, 2012 By admin

There had been many changes recently to the rules affecting income tax and VAT where you pay for fuel. This is mainly related to fuel used by your employees for private journeys. What are these changes and how might they affect your business? If it is a practice of your business to provide directors or […]

Small Business Accountants in Fulham

Published on September 7, 2012 By admin

Running a small business is never an easy task. Starting a small business is even worse. Apart from capital input, you also need to deal with a lot of regulations as well as endless administrative tasks. When you take all this into account, almost for the first three or four months you will be doing […]

Business Record Checks on Hold

Published on August 31, 2012 By admin

HMRC has suspended the programme of business record checks. But the bad news is there will be more targeted checks on specific businesses. Early last year HMRC announced that a special task force would be visiting businesses at random to check the standard of their record keeping. Originally, HMRC intended to make 50,000 visits; this […]

Income Tax Trap for online Traders

Published on May 4, 2012 By admin

Finally HMRC has come to grips with those who sell certain products or used items on websites such as Gumtree and eBay. So who should be worried about these latest attempts of HMRC to earn some more money? Targeting online traders for tax Over the last few months HMRC has been busy trying to identify […]

Business Plan Template for Start Up Businesses

Published on December 2, 2011 By admin

It is essential to have a realistic, working business plan when you’re starting up a business to make sure the business growth is sustained over a long period of time.The task of making a business plan will be much easire if you have a business plan template ready. A business plan can be defined as […]

Online Access to Tax Records for Every Tax Payer

Published on November 17, 2011 By admin

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 […]