Are you at risk from a tax investigation? HMRC is better equipped at spotting potential anomalies and non-compliance with its powerful data analysis system ‘Connect’ which can cross-reference tax payers information against other government agencies e.g. DVLA, and other trading websites.
With the clock ticking down to the 29 March 2019 11pm Brexit deadline, there is still so much uncertainty for all businesses.
Myth busting! – 5 VAT questions and misconceptions that our Croner TaxWise Business Support Helpline hears regularly. Do you know the correct answer?
If you have a property which was once your main residence and you either let it out or have retained it for other reasons, then, from 6 April 2020, HMRC is proposing three significant changes which will potentially increase the capital gains tax paid on the disposal of the property.
With the self-assessment tax return deadline of 31st January fast approaching, HMRC is warning people to be careful and wary of potential scams. There have been almost 900,000 reports of people impersonating HMRC and trying to obtain taxpayers’ personal details via telephone calls, texts and emails.
Daly Park offers a Tax Investigation Service add-on to its clients.
HMRC are taking a sympathetic approach to businesses regarding their tax bills.
Anyone who could not file their return by the 31st January deadline will not receive a late filing penalty if they file online by 28th February.