News
General News
Tax Return Self-assessment deadline 31st January
04 January, 2010
Contractors and freelancers who have not submitted their self-assessment tax returns to the HMRC had better do so now as the 31 January deadline is approaching fast.
Financial statements 57% longer than in 2005
26 November, 2009
Audited financial statements presently average 47 pages, which according to a Deloitte’s report is 57% higher than in 2005.
Will new rules make bankruptcy too easy?
25 November, 2009
A recent announcement made by the government says that in the near future debtors will be able to apply for bankruptcy on-line or by post, thereby bypassing the court system.
Female freelancers to play a vital role in economic comeback
24 November, 2009
Women Unlimited, the UK’s fastest growing organization focused on supporting women business owners, is calling out to the UK's female entrepreneurs to ‘be extraordinary’.
ICAEW want public deficit to top the pre-budget report
24 November, 2009
ICAEW have said that the public deficit should be at the top of the pre-budget report.
‘Thin cap’ rules could cost the HMRC hundreds of millions
24 November, 2009
It has recently been predicted by some leading accountants that a High Court ruling brought against the HMRC by companies that include IBM, Volvo and Siemans could see the taxman paying hundreds of millions of pounds in damages.
A budget within 50 days, promised by David Cameron
22 November, 2009
David Cameron, leader of the Conservative Party has promised an emergency budget within 50 days if they win the parliamentary election as is widely expected.
HMRC is reviewing inheritance tax
14 November, 2009
Prediction by a law firm has it that the HMRC (HM Revenue & Customs) will be clamping down on inheritance tax. This could mean estates will face heavy fines.
Professionals ignoring digital communication in business are missing the point
13 November, 2009
With the growing importance of digital communication professionals could be missing the importance of online advertising which is a growing industry in the recession.
HMRC introduces a series of toolkits
12 November, 2009
The toolkits are based on the most common errors seen and will help agents get returns right first time, which will reduce the need for compliance checks.