Equity release and Inheritance Tax – be careful!
Posted by Jon Pryse-Jones on March 17, 2025Equity release and Inheritance Tax don’t always go well together – sometime equity release can end up costing you more than your IHT bill.
HMRC tax Investigations – make sure you are covered!
Posted by Mark Boulter on March 17, 2025HMRC have increased their computing capacity making them more efficient at conducting tax investigations for all size businesses.
HMRC has scrapped employee hours reporting from payroll reforms
Posted by Jon Pryse-Jones on January 30, 2025HMRC has scrapped plans to mandate employee hours reporting via payrolls. However, some new information has to be declared on tax returns.
Safety and security declarations needed for EU imports
Posted by Andy Green on January 23, 2025All goods imported from the EU now need a safety and security declaration. We look at how the new system works.
Can’t pay tax bill? This is what you need to do
Posted by Karen Jones on December 17, 2024Can’t pay tax bill? If you’re in this position, it’s important to act now if you want to set up a repayment plan and avoid penalties.
Tax penalties: how much can a dispute cost me?
Posted by Karen Jones on December 9, 2024Tax penalties are very much in the news at the moment. We look at the penalties you could pay if HMRC succeeds in a tax investigation.
Late self-assessment? Beware the tax return ‘super penalty’
Posted by Karen Jones on December 3, 2024Late self-assessment penalties can soon get expensive. But did you know HMRC has the power to impose a 200% ‘super penalty’ in some cases?
HMRC and ‘Managed Service Companies’
Posted by Karen Jones on December 3, 2024We detail HMRC’s approach regarding Managed Service Companies. It’s important that you don’t use these structures as you will face penalties.
How to contact HMRC – and avoid the phone queues
Posted by Ben Locker on February 2, 2023Need to know how to contact HMRC while avoiding long phone queues? Then try this way of getting to speak to an HMRC adviser.
HMRC asking wealthy individuals for pre-filing meetings
Posted by Jon Pryse-Jones on September 8, 2022HMRC is writing to wealthy individuals asking them for a telephone meeting before they submit their tax returns. But should you take part?
