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HM Revenue and Customs (HMRC) have recently announced that they will be sending letters to over 40,000 businesses who they consider should be VAT registered, but who are not, outlining how they can register and pay their VAT.  The deadline for responding is 30 September and the concession for coming forward voluntarily is a lower …

  This particular area has caused confusion for many taxpayers over the years; hopefully, the following explanation will help to simplify it a bit! Under self assessment, tax liabilities are based on tax years, which run to 5 April.  The tax liability on a tax year is due by the following 31 January:  Tax year:         …

From 1 April 2011, all payments of corporation tax must be made electronically.  In this sense, HMRC count a payment made at your bank, building society or participating post office using a HMRC payslip as ‘electronic’. This means that paying corporation tax by cheque ‘in the post’ is no longer an option. If the Revenue …

  The following are some of the more common tax deadlines coming up in July. VAT If your VAT quarter end is 30 June, you need to submit your return by 29 July (paper) or 7 August (online).  Your payment is usually the same as the due date for your return.  More information on deadlines …

In business, whether you are a start up or established, you can’t keep still.  Marketing is essential for making sure people know what you do, what you can offer, and even that you exist at all.  Some methods work better than others, depending upon the industry, your product/service and the customer type.  The following is …

HM Revenue and Customs (HMRC) have continued their assault on tax evaders, recently announcing more planned initiatives to target particular groups of individuals who are not paying their share of tax. HMRC will be using ‘web robot’ technology to search the internet and find information which can then be evaluated, and pinpoint people more accurately …

  Value added tax (VAT) registered businesses act as unpaid tax collectors and are required to account both promptly and accurately for all the tax revenue collected by them.  The VAT system is policed by HM Revenue and Customs (HMRC) with heavy penalties for breaches of the legislation.  Ignorance is not an acceptable excuse for …

Media relations can be seen as an unnecessary luxury to some companies. But the reality is that good media relations are essential and should form a core part of any business, regardless of its size and sector. Hiring a PR professional to look after your media relations, communications and reputation is just like hiring an …

When you trade as a limited company, there are many benefits.  However, one of the costs is that company and director information is available for ANYONE to view.  Many directors view this as a small price to pay for the benefits they receive. The following free company information can be viewed: Company Name Registered office Company …

Deadline reminders: the following are some of the more common tax deadlines coming up in June. VAT If your VAT quarter end is 31 May, you need to submit your return by 30 June (paper) or 7 July (online).  Your payment is usually the same as the due date for your return.  More information on …