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Archive | June, 2011

Accountants need more health related benefits

63% of accountants feel their employer should be doing more to support their health and wellbeing, according to research findings from Sovereign Health Care.

Premier League Football Clubs settle their HMRC liabilities

Football loving accountants may be interested to learn that English Premier League football clubs paid a total of £14.4 million pounds in tax at the end of the tax year 2010/11 and in doing so became the only professional league to fully satisfy HMRC.

MYOB accounting software to shutdown on 31st December

Users of MYOB software may want to consider changing to a cloud computing service so that their online accountant can access their accounts remotely.

HMRC staff are set to strike again later this month

A spokesman for the PCS union is calling on accountants to support HMRC employees when they strike at the end of this month.

HMRC to start electronically scanning mail

As you can imagine, HMRC receives millions of items of mail every year and in a bid to improve its service, documents that relate to tax enquiries as well as employers’ compliance checks, will now be electronically scanned.

Santander chief executive investigated for tax evasion

Tax accountants may be interested to learn that it’s not only HMRC in the UK that is getting tough on tax evaders. Santander UK’s chief executive, Ana Botín, is being investigated by the tax authorities in Spain over allegations of tax evasion.

Government proposes new statutory residency test

People who spend part of the year living abroad in the hope of evading the beady eye of HMRC are in for a shock!

More HMRC crackdowns are on the way to catch tax evaders

HMRC has released details of further campaigns to crackdown on tax evasion, a move which might be of interest to contractor accountants.

Criminal investigations launched following tax amnesties

Accountants may be interested to learn that HMRC recently announced it has launched 16 new criminal investigations following two recent tax amnesties. This news may prompt owners of small businesses to contact tax accountants for advice.

Will accountants leave the UK to escape high taxes?

Accountants in London might be interested to learn that UHY International thinks that UK high earners may leave the UK to escape the country’s high tax rate.