Albert Einstein said that “The hardest thing in the world to understand is the income tax.” Is the next hardest thing getting it in on time?
Posts Categorised: Tax
Two million people are thought to have underpaid income tax in 2013-14
Christmas Cheer from HMRC
Keep HMRC at bay and maybe save some money with some end of tax year tips.
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 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 »