Latest News

July 2012

HMRC Campaigns lead to jail

We have recently published many stories regarding specific taskforces HMRC have released in order to investigate certain trade sectors who may be underpaying or not declaring their tax liabilities.

Real Time Information (RTI) update

HMRC are advising that over 1,300 employers will join the Real Time Information (RTI) pilot between now and September 2012.

Fuel duty increase deferred

The government has announced that the 3.02 pence per litre (ppl) fuel duty increase that was due to take effect on 1 August 2012 will be deferred to 1 January 2013.

Tax return initiative

Higher rate taxpayers who have failed to submit tax returns are being offered the opportunity to come forward and pay up under a time limited HMRC campaign. The Tax Return Initiative is aimed specifically at people liable to pay higher rate tax that have been told to submit a self assessment tax return for 2009/10 or earlier, but have failed to do so. The Tax Return Initiative is also open to any individual who has tax returns to submit to HMRC for these years.

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