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WH Smith’s Bad Tax Advice

WH Smith’s Bad Tax Advice

High street retail giant WHSmith has been forced to pull a ‘do-it-yourself’ tax return guide from its shelves after an eagle-eyed accounting employee spotted it was based on the rules for 2014-2015. The Tax Return Organiser, on sale at WHSmith’s...
HMRC just love the cashless society

HMRC just love the cashless society

In the retail sector there is an accelerating move to change to cashless retail outlets, which HMRC think is great news and could be for a number of business owners. A friend of mine recently spent a few days in the wonderful city of Stockholm. He entered the country...
Corbyn’s plan to scrap Inheritance Tax

Corbyn’s plan to scrap Inheritance Tax

As it appears increasingly possible, we may well have a General Election later this year to solve the impasse on Brexit. If this happens, there is a real possibility of Mr Corbyn taking the reins of power and unleashing his pet attack dog, shadow chancellor John...
Please Mr Taxman pick up the ‘phone

Please Mr Taxman pick up the ‘phone

Accountants and their representative bodies have labelled the performance of HMRC’s VAT helpline ‘extremely worrying’ after the Revenue failed to answer nearly 60% of calls in May. Figures recently released by the tax authority show that in May 2019, HMRC answered...
Exemptions from Making Tax Digital for VAT

Exemptions from Making Tax Digital for VAT

Making Tax Digital for VAT (MAT) will shortly be upon us with the 7th August deadline for the first quarterly VAT filing, looming large on the horizon. Many of our clients are concerned both with the need for the additional tax submissions but also because of the...