Britain’s awesome property sales boom

By |2016-07-10T16:35:52+00:00August 25th, 2016|HMRC|

It's already a legend. According to figures released by HMRC last week, the government collected just short of £1.2bn in tax from property transactions throughout March. The dosh comes thanks to more than 173,000 property transactions, a record-breaking monthly number of purchases and sales. And it's all down to the new 3% stamp duty surcharge

More time, effort and £££ or a simpler tax system? 

By |2016-07-10T16:34:04+00:00July 28th, 2016|HMRC|

Does the government genuinely understand how business works? A whole lot of business leaders think the answer is 'no', as one of the most significant regulatory changes to hit Britain looms closer. The new order involves small businesses having to account for corporation tax quarterly rather than annually. It's a dramatic change. But the government

HMRC government fraud prevention saves a whopping £103m

By |2016-05-11T22:32:47+00:00May 18th, 2016|HMRC|

HMRC is a prime target for phishing and other cyber attacks. Fraudsters frequently send out email messages disguised to look as though they come from HMRC, and some of them are extremely convincing. Luckily they're on the case. According to an article on the Computing website, the revenue prevented fraud totalling a monster £103m in

HMRC unpopular Business Record Checks stopped

By |2015-12-19T02:15:20+00:00November 19th, 2015|Bookkeeping, HMRC|

HMRC's extremely unpopular Business Records Checks initiative is set to be axed, and many in the tax industry are calling it a victory for common sense. Changes and improvements wouldn't work Changing BRC or even replacing it wouldn't have been sufficient, since many of the improvements it was supposed to bring about were tackled in