HMRC compliance checks
Some may remember the ill-fated Her Majesty's Revenue and Customs (HMRC) 'interventions' pilot. This was an attempt to contact taxpayers more informally about potential errors on their...
VAT Option to Tax
It has been with us for nineteen years…..but still causes confusion! The option to tax was introduced in 1989. It represented a major change in the world of VAT, in that it effectively gives a taxpayer the “option” to decide whether...
Budget & Finance Bill 2008
If the TV gadget 'king' Peter Snow was ever allowed to be in charge of graphically presenting the Budget speech he would probably find himself standing in front of a 'dullometer'. As the pendulum swings...
CGT Entrepreneurs Releif
We have been waiting some time for more details of the new relief for the disposal of businesses and business assets which will apply from 6 April 2008. Now that we have draft...
VAT Flat Rate Scheme
Friend or foe? The flat rate scheme was introduced in 2003 with a great deal of anticipation – mainly because the Chancellor had been wetting everyone’s appetite in advance about the great...
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