VAT Late Returns
VAT Late Returns Campaign... Businesses that have failed to submit VAT returns are to be targeted by HMRC. As many as 50,000 will be targeted by HM Revenue and Customs (HMRC) this month with warnings [...]
January 2013
HMRC Targeting Swiss Bank Account Holders
Huge fines are on their way to hundreds of UK taxpayers with Swiss bank accounts. This is unless they take the last chance that is being offered to them by HMRC to pay any tax [...]
December 2012
HMRC Claim Back £21 billion In Tax!
HMRC has declared that it has reclaimed in the region of £21 billion from people not paying enough tax in the last tax year. The figure is a record and is the result of an [...]
Small Companies & Reporting Tax Deductions…
Small Companies - New Credit System Effecting Small Firms... Small firms may face tax repercussions after failing to be told of major welfare changes and the implications these have for them. The Government’s planned Universal [...]
HMRC Using Credit Reference Agencies
Credit Reference Agencies Helping HMRC... HMRC has recently completed a pilot scheme where credit reference agencies have helped identify people who are potentially not paying enough tax. The pilot involved in the region of 20,000 [...]
November 2012
HMRC – New Campaign To Catch Tax Cheats!
Tax cheats are being called on to disclose all their income to HMRC before they are ‘caught’. HMRC have launched a new advertising campaign targeting those individuals who ‘moonlight’ or do jobs for ‘cash in [...]
October 2012
HMRC Targeting Direct Sellers!
Many people in the UK supplement their PAYE income by direct selling. Direct selling can be catalogue distribution or door to door sales for example. If you have income from direct selling you essentially have [...]
September 2012
Lost Taxes From Britains Living in Monaco!
Lost Taxes From Britains Living In Monaco It has been reported that Britains living in the tax free state of Monaco could be costing the UK up to 1 billion pounds in lost tax revenue. [...]
New HMRC Taskforces To Tackle Tax Dodgers!
New HMRC Taskforces HMRC have today announced today new taskforces aimed at certain industries in the UK. It is expected to retrieve up to 20 million pounds in unpaid tax. HMRC have reportedly recovered over [...]
HMRC After Amazon and Ebay Sellers!
HMRC are directly targeting online traders on sites like Amazon and Ebay to make sure that they are declaring taxable income from sales on-line and making sure they pay the correct amount of tax. The [...]