Archive | May, 2011

HMRC’s tough stance on tax evasion is paying dividends

HMRC’s tough stance on tax evasion is paying dividends

Dave Hartnett, HMRC’s permanent secretary for tax, recently confirmed that the taxman’s approach of targeting specific professions has raked in vast amounts of previously unpaid tax.

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Is PAYE weighing contractor accountants down?

Is PAYE weighing contractor accountants down?

A recent survey by Inuit shows that 69% of small businesses are put off recruiting new staff because of the burden of PAYE.

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Recruiters – the only people who seem not to understand the value of uniqueness

Recruiters – the only people who seem not to understand the value of uniqueness

How would you feel about a business where you didn’t really understand what the product is and were selling to someone who also doesn’t understand what it is but whose understanding was different to yours?

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Big firms pay better but SMEs allow creativity say graduates

Big firms pay better but SMEs allow creativity say graduates

Accountants for contractors might want to know that UK graduates think they will receive better pay and career progression opportunities if they work for a corporation rather than an SME, according to Give A Grad A Go, an SME graduate recruiter.

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Chartered Institute of Taxation hits out at HMRC

Chartered Institute of Taxation hits out at HMRC

The Chartered Institute of Taxation has hit out at the government’s new disguised remuneration legislation, saying it is far too complex.

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HMRC backs down in contractor accountant case

HMRC backs down in contractor accountant case

HMRC has eventually settled out of court in its long running case against Christopher Lunn and Company, the West Sussex based contractor accountancy firm.

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Flexible working and parental leave reforms could harm SMEs

Flexible working and parental leave reforms could harm SMEs

The UK government has pledged to reduce red tape and yet its latest proposals to change parental leave and flexible working will increase bureaucracy, according to the FSB.

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Am I in scope or not? Nope, no idea…

Am I in scope or not? Nope, no idea…

I‘m spending quite a lot of time these days sitting on the train between home and work. It’s not enough time to do the Times crossword, nor to dig out the laptop and do half a day’s work.

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Banks must treat small businesses fairly says Oakeshott

Banks must treat small businesses fairly says Oakeshott

Accountants for contractors and other small business owners might be interested to hear that Lord Oakeshott has accused the banks of treating them unfairly.

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Have any contractor accountants’ clients used the LDF?

Have any contractor accountants’ clients used the LDF?

Since its launch in 2009, the Liechtenstein Disclosure Facility has yielded HMRC £140 million, the government department’s latest figures have revealed.

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This Thursday is the deadline for filing employer annual returns

This Thursday is the deadline for filing employer annual returns

Contractor accountants urgently need to remind their small business clients that the deadline for filing annual employer returns is this coming Thursday, the 19th of May.

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It’s one step forward and two back on tax simplification

It’s one step forward and two back on tax simplification

The Association of Chartered Certified Accountants claims the government is not succeeding in its efforts to simplify the taxation system in the UK. The organisation says the coalition is taking one step forward and two steps back.

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