Latest News

August 2013

Incorrect HMRC demands for underpaid tax

It has come to our attention this morning that HMRC have issued incorrect demands for underpayment of tax in respect of the tax year ending 5 April 2013 to a number of employees.

Prime careers

Prime Accountants Group has recently expanded our workforce by taking on 7 new starters. We have taken on a range of staff with varying amounts of experience, from unqualified apprentices to a forensic accountant to join our Prime Forensic Accounting division. The new recruits are a positive sign of growth in the business and will be working across both our offices in Coventry and Solihull.

Landlords – do you know what your tenant is using the building for?

“UK legislation effective from 1 October 2012 sought to charge VAT at the standard rate on “self-storage”. HMRC applied this to all storage, in the view of many completely incorrectly.

Gift aid small donations scheme

HMRC have published detailed guidance for charities and community amateur sports clubs (CASCs) on the new Gift Aid Small Donations Scheme (GASDS). Eligible charities and CASCs can claim payments from HMRC on small cash donations of £20 or less that they receive from 6 April 2013.

Employee share ownership

During 2012 there has been unprecedented political interest in employee ownership.

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