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Freelancers and Contractors have until the end of this month to file their self-assessment tax returns or they face a fine of £100. HMRC have targeted the self-employed as the group most likely to make mistakes or have delays in … Continue reading
The government’s plan to cut child benefit payments for higher rate tax payers is likely to affect about 1.2 million families. The measures, which will see families with one parent earning over £44,000 lose their child benefit payment, are expected … Continue reading
MoneyMarketing have reported that an unscrupulous accountant has found himself sentenced to 8 years imprisonment for an £11m income tax and VAT fraud. This highlights the importance for contractors to choose the right accountant to manage their finances. London-based accountant, … Continue reading
The deadline for online submission of all self-assessment tax returns passed on Sunday, 31st January and it has been revealed that 2010 saw a record number of people submit their tax returns online since the online submissions began. Nearly 6.5 … Continue reading
HM Revenue and Customs (HMRC) have today released a statement relating to self-assessment tax returns as the deadline for paper returns nears. The Communications Workers Union has announced to Royal Mail their intention to hold two national strikes this week … Continue reading
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