Posts Categorised: Tax

End of Tax Year Tips

Keep HMRC at bay and maybe save some money with some end of tax year tips.

Do you have associated companies?

Dudley accountants Lewis Smith & Co. are highlighting a new way by which the HMRC (HM Revenue and Customs) are becoming more aggressive in the way they deal with small and medium sized businesses. The issue is the way the tax man treats the notion of “associated companies”. If separate companies are controlled by people… Read more »

New rules on penalties for late payment to HM Revenue & Customs

New rules on the late payment of PAYE come into force in May to cover the tax years 2010-2011 and beyond. HMRC has issued a new set of FAQs (Frequently Asked Questions) to help businesses understand what they can and cannot do, and highlight what the penalties for late payments will be. Fundamentally they will… Read more »