We have seen the paper form filing deadline come and go - this is now ancient history.  In just a few short weeks the on-line filing option will expire on the 31st January 2009.
You will not be one of those who miss the deadline will you?
What are the options for filing between now and the [...]

Just 24 hours (and a few minutes) to go until the VAT rate changes from 17.5% to 15%.
Make sure you have changed your website settings, ebay settings, bookkeeping settings, spreadsheet settings - even your calculator settings to reflect the new rate.
The new rate is 15%. When you are calculating the VAT amount in a [...]

I just wondered if anyone needed some clarification about actually when to change the rate of VAT they charge.
I know our beloved chancellor said it will apply from 1st December but…
There is an issue you must consider here when you are invoicing for the supply of goods and services.
If you supplied [...]

I am not going to re-iterate the provisions of the “Pre-Budget Report” as these are mainly widely known now.
But was the chancellor right to do what he has done?
Was it formal budget in all but name just so that this government can force these changes through without discussion and all party approval? The sceptic in [...]

Yes, it’s that time of year again. Isn’t it worrying how quickly it comes around each time. I am sure it gets quicker each year!

The 31st October 2008 is the deadline for sending in a paper Self Assessment Return (SAR) and if you want, HMRC will calculate your tax for you - more on that in a minute…

Recent activities of the Tax Office now make professional fee insurance against Tax/VAT Investigations essential.
The new investigations start innocently enough by HMRC saying they merely wish to look over your business bookkeeping. This has led people into a false sense of security thinking that it is not a full investigation and catching them off [...]

This is a question that I, as an accountant, find incredible when I am occasionally asked.  Why would any busy business owner think there would be a need for more than one set of records?  There is barely time to keep one set, let alone more.  The only time I have found two serious sets [...]

This is a question that rears its head from time to time here in the office.  My initial reaction is “Why not?”.
Occasionally there is a reasonable reason for the lack of evidence of someone’s business activities.  It may be that the business has grown really quickly and they haven’t been able to keep up.  They [...]

Lost records have been a problem since time began. Sometimes the loss is genuine and records ruined in fire or floods etc., but sometimes the “loss” is a smokescreen because the business person thinks they can outsmart HMRC by claiming the records are lost.
HMRC has lots of information sources they can access in these situations, [...]

This question comes up a lot here at the office.  I am asked at least 3 times a week as there seems to be lots of confusion out there in the “real world” amongst business people.
The answer is it depends…
If you just complete a Self Assessment Return each year as a consequence of having a [...]