Entries by chrissie

HMRC time limits extended

From 2019, offshore matters could be raised by HMRC 12 years afterwards, even if the taxpayer has made an innocent error. ie Taxpayer behaviour    Earliest tax year caught    ordinary assessment time limit    Extended Offshore time limit Reasonable Care taken      2015-2016                      […]

MTD (Making Tax Digital)

Or otherwise known as ‘Making Tax Difficult’. MTD comes into effect as of April 2019.  In HMRC’s recently published VAT Notice 700/22 Making Tax Digital for VAT it has become apparent that once registered for MTD companies are always registered for MTD even when they de-register from VAT. In the Stakeholders communication pack clarity is […]

Privacy Notice

PRIVACY NOTICE 1.   PURPOSE OF THIS NOTICE This notice describes how we collect and use personal data about you, in accordance with the General Data Protection Regulation (GDPR), the Data Protection Act 2018 and any other national implementing laws, regulations and secondary legislation, as amended or updated from time to time, in the UK (‘Data […]

Death and Taxes

Are you struggling with you responsibilities as a Personal Representative (PR) due to someone’s death, or are you getting prepared? It is now, in most cases, possible to arrange for HMRC, the Department for Work and Pensions (DWP) and most other government departments to be notified of a death at one and the same time […]

Making Tax Digital

The Government recently announced that the start date for digitalisation of the UK tax system has been pushed back to April 2019. There has been intense lobbying from businesses and professional bodies (some on which Tony and Chrissie stand) and the concerns raised by the Treasury Select Committee regarding the pace of change.  Whilst it […]