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

Scammed? HMRC might chase you for tax anyway

By |2016-04-11T23:01:53+00:00April 28th, 2016|Bookkeeping|

In the wake of the Panama papers leak, HMRC's treatment of a group of 209 scammed pensioners seems ironic in the extreme. The pension savers were unwittingly involved in a £12 million pension liberation scam so serious it lost everyone involved their money and ended up in the High Court. And HMRC is blaming the

HMRC clamps down on government IT VAT Claims

By |2016-03-14T11:08:03+00:00March 17th, 2016|Bookkeeping|

Just when you thought HMRC were going to do the decent thing and simplify their tax systems and rules for the greater good, they bring out new, far more strict guidelines. It looks like government bodies who want to reclaim VAT back from the tax man for big IT buys will face stricter rules than

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

Is IR35 worth all the bother? 

By |2015-10-10T16:28:34+00:00October 22nd, 2015|Bookkeeping|

HMRC has been talking about how to make IR35 work for the last four years, since 2011. So their Budget announcement that they'd be 'starting a dialogue' on how to improve it was a bit of a surprise to many people. The IR35 Forum was set up in 2011 to “advise on improvements in the

Introducing HMRC’s new secure digital tax accounts

By |2015-09-17T08:01:00+00:00September 17th, 2015|Bookkeeping|

What's new in the bookkeeping world? There's HMRC's new secure digital tax account initiative for a start, a development targeted at individual customers which is also designed to help employers. It's called the Personal Tax Account and it means all an individual's tax details are held in one place, making it much easier for people

Creative excuses for late tax returns!

By |2015-03-21T14:11:12+00:00January 22nd, 2015|Uncategorized|

HMRC has just released this year's top ten chart of the worst excuses for missing the January 31st online tax return deadline. As you'd imagine, all of these failed to secure a successful appeal. If you're going to be late this year you'd better dream up something a lot better than this sad little lot,