Tax News

What does the budget mean for you?
The emergency budget was the first time we really saw how the coalition is going to operate. Pre-election the two parties, Conservatives and Liberal-Democrats, had very different views on whether to cut or increase spending.

Is the tax office approaching meltdown?
Recent reports have increasingly highlighted the poor service coming from HM Revenue & Customs. And poor service from the taxman invariably means ordinary taxpayers pay the price.

An Accountant For Life
A survey has shown that the average owner-managed business is more likely to divorce their spouse than their accountant.

Government to introduce yet another stealth tax!
With effect from 6th April 2010, H M Revenue & Customs is reducing the time limit taxpayers who complete annual self assessment returns have to claim for an income tax refund.

HMRC unveils new offshore disclosure initiative
HMRC have announced a second amnesty period for individuals to disclose interest and gains from investments that have not previously been declared.

Stephen Hawking Labels EU Tax 'Disgraceful'
Professor Stephen Hawking has called an EU tax on mobility scooters 'simply disgraceful'.

Restaurant owners get their just desserts?
Bar staff and restaurant workers have been given a hand from an unlikely source.