For those trying to submit their self assessment tax returns last minute today there is, as last year, more bad news again, the service ‘has experienced technical difficulties today’, per HMRC website. The ‘technical’ difficulties actually started last night, but have persisted through today. The good news, if you can call it that, if you [...]
As previously promised I am now able to update you on the changes to the Capital Gains Tax ‘CGT’ regime as announced by the Chancellor today. These changes are referred to on HM Treasury website as reflecting the Government’s continued commitment to supporting the small business. It’s worth noting at this point, to get these [...]
In 1997 HMRC (then known as HM Customs & Excise) imposed a three year cap on reclaiming overpaid VAT, well yesterday the House of Lords upheld the Court of Appeals findings and confirmed these measure where in fact illegal. The cases of Fleming (t/a Bodycraft) and Condé Nast Publications could now lead the way to [...]
Today I read a posting on Seth Godin’s blog, its about gimmicks, and how eventually some gimmicks actually become the norm for example free phone telephone numbers (toll free) and Sunday openings. Seth refers to a doctor who still practices traditional medicine, but has a practice for the 21st or 22nd Century. It got me [...]
We all hear how much tax is avoided, well estimated avoidance because by its very nature if its avoided its not actually calculable with any accuracy, but have you ever wondered how much tax is actually collected? Well here are the details, just click here. What strikes me about these figures is how small the [...]
Okay what am I babbling on about, that’s it the 31st January rush has finally made me loose my senses, well actually no, today I found on The Savvy Entrepreneurs blog a posting entitled Irksome Ads: Tax Season. Cristina recounts how annoying adds can be, especially when you talk down to your potential customers: Do [...]
Question: Some of you may have wondered why, when you asked for any tax you owe (under £2,000.00) to be collected through your tax code this didn’t happen? Answer: The Revenue have now revealed there was a problem with box 23.1, this is the box you tick to say you want your tax collected through [...]
According to an article on today’s AccountancyAge website 88% of business is happy with the UK’s tax system, the survey commissioned by HM Revenue & Customs went on to say that 68% of all businesses interviewed where satisfied with service levels at HMRC. Well that’s alright then isn’t it, or is it? Well this is [...]
Not often, in fact it’s the first time I have made a posting on a weekend, but this one can’t wait until Monday 21st, this posting is something to hopefully pick you up this coming Monday. Heather Bestel, a stress management consultant, who actually took her own advice, has on her website given some advice [...]
Although many thousands of tax payers are still waiting for their self assessment tax calculation to come through from HM Revenue & Customs this is no reason to not pay your taxes. A warning has come from the taxman, even though you sent your self assessment tax return in before the end of September 2007 [...]