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Archive | January, 2012

Will final day for self-assessment filing see chaos reign at HMRC?

Accountants will be well aware that today is the final day for submitting online self-assessment tax returns and paying the income tax due to HMRC for the financial year ending April 2011.

Spurs manager faces judge and jury in tax evasion case

Soccer mad accountants in London will no doubt be aware that the possible future England manager Harry Redknapp appeared in court last Monday on charges of tax evasion.

HMRC strike is “reasonable excuse” for late filing

It’s the final weekend before HMRC’s deadline for filing income tax self-assessment forms and some accountants will no doubt be slaving over their laptop making sure their figures are accurate.

Accountants expect salary and bonus increases this year

Accountants are confident that salaries and recruitment will pick up this year, according to recent research from Morgan McKinley.

Internships could help budding accountants get ahead

Accountants might be interested to learn that graduate recruitment rates in the profession appear to have peaked after displaying significant growth over the last three years.

Tax adviser guilty of conning charities and defrauding taxpayers

Accountants in London may like to learn that Blackfriars Crown Court recently found a professional tax adviser guilty of attempting to defraud taxpayers.

Were accountants hit by HMRC lightning strikes?

Accountants struggling to submit self-assessment tax returns for their clients may have encountered problems getting through to the HMRC helplines last week.

Businesses call for VAT increase to be reversed

At the beginning of January last year, the government increased the rate of VAT in the UK from 17.5% to 20%. Accountants may be interested to learn that business leaders are now calling for that increase to be reversed to help firms move forward this year.

Accountants are plunging further into debt

According to the support group, the Chartered Accountants Benevolent Association, accountants are racking up their debts despite the current economic situation.

HMRC offers help to those needing to file VAT returns online

Accountants will no doubt be aware that HMRC wants all businesses to submit their VAT returns online from April this year.