Bizarre Excuses for Late Accounts Filing

Recent Companies House statistics show that the number of penalties handed out for the late filing of accounts has gone up by nearly 25% since 2014 from 161,902 then to 201,634 in 2017/18. Over those four years, the cost to business has increased from...

HMRC Targets Online Retailers in Tax Crackdown

This week, Cameron announced the latest move by HMRC to battle tax avoidance and the “hidden economy”. The Revenue will be granted additional powers to access information from business intermediaries (for example, eBay and Gumtree) and...

Over 40s Tax Needed for Old Age Care

MPs have announced that a new tax for people over 40s should be introduced in England to help pay for nationwide elderly care.Currently, only those facing financial difficulties receive help towards the cost of care, whether it be in a care home or in a people’s...

Tax Rises Needed to Pay for Boosts in NHS Funding

The Prime Minister, Theresa May, announced in a speech in London on the 18th June that the public would need to pay more in order to pay for the boost in NHS funding. Theresa May promised in the speech that this would be done in a “fair and balanced”...