LDF was announced by HMRC shortly after the New Disclosure Opportunity – anyone with offshore liabilities to disclose will be welcomed with open arms by the Revenue who have publicly stated that this is an opportunity with no traps.
Statement from Andrew Andronikou, Partner at UHY Hacker Young, on the administration of Portsmouth Football Club.
The cost of listing on the AIM stock market continued to increase over the last year* to reach an average of 7.24% of all funds raised, up from 7% in the previous 12 months, reveals research from UHY Hacker Young.
Cash-strapped businesses are waiting twice as long for repayments of Corporation Tax from HM Revenue & Customs (HMRC) as they were a year ago, leaving many facing severe cashflow problems, says UHY Hacker Young.
Latest data shows that tougher tax collecting tactics and penalties imposed by HM Revenue & Customs (HMRC) have contributed to a 14% increase in appeals to tax tribunals in 2008 by taxpayers claiming to be overtaxed or unfairly punished, says UHY Hacker Young.
Despite the ‘time to pay’ scheme in place, HM Revenue & Customs (HMRC) continues to be the number one creditor to request the winding up of companies to recover debts owed to it, shows research* from UHY Hacker Young, the national accounting group.
With the deadline for registering under HM Revenue & Customs’ latest “amnesty” now passed, what are the options if you have failed to declare a tax liability connected with an offshore bank account?
The number of companies delisting from AIM has risen in Q4 09 to 73 companies from 63 in the previous quarter reveals research from UHY Hacker Young and Trowers & Hamlins LLP, the City law firm.
New research commissioned by HM Revenue & Customs found that just 4% of taxpayers are likely to be deliberate tax dodgers whist the vast majority (83%) of those who are aware of their tax obligations are willing to comply.
Tax experts are warning businesses that the taxman is cracking down on bosses who don’t keep their dividend paperwork up to date. Many directors pay themselves with a mixture of dividends and salary and do not pay national insurance on the dividends. However, the Inland Revenue believes it is losing out on national insurance contributions […]