HM Revenue & Customs (HMRC) have admitted that around five and half million people either overpaid or underpaid tax last year and will be receiving a cheque for up to £500 or a surprise demand for roughly the same amount at some point this year. Read More…
Posted in HMRC | Leave a commentThe Financial Reporting Council has recently issued a consultation on a revision to international standards on auditing, which is a reminder that one of the benefits of having an audit means that a firm is being tested against a standard that is understandable to everyone. Read More…
Posted in Mark Wilcock | Leave a commentAn article in the Telegraph earlier this week points out that a number of people affected by Inheritance Tax (IHT) delay planning for it, which could prove to be a costly mistake. Read More…
Posted in Chris Padgett | Leave a commentAlthough the deadline for filing month one’s payment of employees is on Sunday May 19, some employers may not have received their 2013/14 booklets from HM Revenue & Customs (HMRC), as they were sent out late.
However, the taxman says that employers affected by the delay will still be obliged to pay on time. Read More…
The Bank of England yesterday (May 15th) upgraded its economic growth forecast for the UK and has said that inflation should now fall faster than it had previously predicted. Read More…
Posted in Economy | Leave a comment