Year end bonuses

February 11, 2012

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January 2012   Our Ref:          AJB Corporation Tax Deductibility of Year End Bonuses   As the application of accounting standards and selection of accounting policies has come to play an ever-increasing role in the determination of a company’s taxable profit over recent years, H M Revenue & Customs have recruited significant numbers of qualified… [Read more…]

Posted in: Tax News

Politics

February 11, 2012

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Sorry my last effort was political and I did not warn to say that this blog will not always be on tax and accountancy – now you know!

Posted in: Uncategorized

Harry

February 9, 2012

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HMRC: ‘no regrets’ over Redknapp case 08 February 2012Comments (8)   After Harry Redknapp, manager of Tottenham Hotspur, was cleared of tax evasion charges this morning, accountancy companies have warned would-be tax evaders not to become complacent Redknapp was found not guilty of evading tax on payments made to his Monaco bank account, and denied… [Read more…]

Posted in: Uncategorized

Penalties

February 5, 2012

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Sorry to return to a regular theme – but if you hav enot yet complted your 2011 Returns then DO SO NOW – the penalty regime is really sever now quickly running up to £50 per day. More details on http://www.hmrc.gov.uk/sa/deadlines-penalties.htm#3  

Posted in: Tax News

Update January 2012

February 5, 2012

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Well that’s another self assessment deadline out of the way – I still want to know who in HMRC decided back at the start of SA that accountants should no longer rest over the C hristmas period but must work 7/7 as clients bring in late books and records to prepare their returns. This year… [Read more…]

Posted in: Tax News

Company Bonuses – watch out!

February 2, 2012

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See our Library article

Posted in: Uncategorized

Companies

February 2, 2012

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The latest news Update – Wednesday 1 February   The First Delegated Legislation Committee approved the Statutory Instrument, as expected, on Monday 30 January. We are concerned by some of the statements made to the Committee by the Exchequer Secretary and will be writing for an explanation. We are also in contact with the HMRC policy adviser… [Read more…]

Posted in: Tax News

Dave Hartnett,Vince Cable and George Smiley

December 4, 2011

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So who of this  trio is fictional? Dave it seems is the head of HMRC able to ” golden hanshake” generous deals with the likes of Goldman Sachs and Vodafone while us minnows in the world continue to be chased for the odd £ by HM Collector of Taxes, Vince you may recall got off… [Read more…]

Posted in: Uncategorized
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