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Accounts & Audit

Tax rates 2013/14

Many of these figures are fundamental to our business and personal lives and you will find the key taxes summarised here. We are sure that you will find it a useful point of reference throughout the coming tax year.

Tax rebate phishing scam

HMRC are warning taxpayers not to fall victim of scam emails sent by fraudsters. In 2012 taxpayers reported almost 80,000 tax rebate phishing emails and HMRC took action to close down 522 illegal sites.

Paying HMRC by Bill Pay

HMRC are aware that there are problems with the Bank of Santander’s Bill Pay service which is used by many individuals to pay their self assessment tax liabilities by credit or debit card.

Tax investigations service

HMRC are becoming increasingly aggressive in their attempts to raise additional tax revenue. Just one of the ways that HMRC try this is by targeting particular business sectors.

HMRC closes computer systems

Consistent with every year HMRC intends on shutting its computer systems down for a period of at least 3 days in the first week of April 2013. Unfortunately this coincides with the beginning of mandatory filing of Real Time Information (RTI) returns. They exact date of the downtime is still to be confirmed but we would recommend keeping an eye on HMRC’s website for the exact dates.

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