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We share up to date news and blog posts from the worlds of finance, business and tax. If you’d like to subscribe and receive quarterly email newsletters from us collating the most relevant blogs and articles, please scroll down and submit your email address.

Bizarre Excuses for Late Accounts Filing

Oct 26, 2018 | Mortgages

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

Sep 27, 2018 | Mortgages

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...

Selling Property by Lottery

Sep 27, 2018 | Tax

Can selling your property by lottery save on tax? There has been a wave of stories and articles recently about selling residential properties via a lottery or raffle. The aim of these schemes is to reduce or eliminate tax bills that would otherwise occur if you...

Nom-Dom Status: The Facts

Sep 27, 2018 | Tax avoidance

You may have heard, bandied about amongst the General Election hubbub, the words ‘non-dom’. Non-dom refers to non-domiciled individuals, or those who spend enough time abroad to avoid paying any UK tax on the income they earn overseas. You can read about...

Google Earth: HMRC’s Newest Tool in Fight Against Tax Avoiders

Sep 27, 2018 | Tax avoidance

In a recent article in the Daily Mail, it was revealed that Revenue inspectors have taken to using Google Earth to catch out tax avoiders by spotting clues to the individual’s lifestyle and wealth, such as cars and home improvements.HMRC is...

Amazon Paying Less Tax, Despite Jumping Profits

Sep 27, 2018 | Mortgages

Amazon Services UK saw its profits rise from £48 million to £80 million between 2016 and now. However, the online retail giant paid just £1.7 million in taxes. Compared to the tax payment of £7.4 million in 2016, Amazon displayed a £5.7...