|
Personal Taxes
|
|
Written by Low Incomes Tax Reform Group
|
|
Friday, 27 August 2010 08:34 |
|
LITRG reports on HMRC’s response to the recent consultation on the impact on minority groups of changing their Enquiry Centre service, published yesterday and the further mitigating actions promised.
|
|
Read more...
|
|
|
 |
 |
|
Business Tax
|
|
Written by Sarah Laing
|
|
Tuesday, 24 August 2010 00:00 |
|
HM Revenue & Customs has warned that there is currently a delay of between six and eight weeks, when they are notified of an error in a VAT Return by a business, and have to correct the mistake. HM Revenue & Customs has pointed out that, in some cases, (generally for 'smaller' errors), the business is able itself to correct the errors on its next VAT return - i.e., make a corresponding adjustment in the next VAT return instead of asking HM Revenue & Customs to process the correction separately. Apparently, many of the cases notified to them for correction could instead have been dealt with directly by the business, in this way. However, it is important to be aware of the possible consequences of not notifying HM Revenue & Customs when a business corrects its own VAT returns, under the new penalty regime: penalties can be higher when you don't 'tell' HM Revenue & Customs about a mistake. So on balance it is likely that HM Revenue & Customs will still receive significant amounts of corrrespondence relating to errors, even when it doesn't need to make any corrections because they've already been adjusted through the VAT return. Links Correcting Mistakes Made on Earlier VAT Returns What to Do if You Made a Mistake on an Earlier VAT Return
|
|
|
|
|
Business and Financial Advisers
|
|
Written by Sarah Laing
|
|
Monday, 23 August 2010 18:37 |
|
Following its loss on Appeal of the InsuranceWide and Trader Media VAT cases, the UK tax authorities have declared last week that they will not appeal against the judgement. This means insurance introductory and comparison websites will be treated as a VAT exempt service, opening up the opportunity to reclaim overpaid VAT. However, it may lead to an unexpected VAT bill for insurers with service agreements with such websites.
|
|
Read more...
|
|
|
|
|
|
Business and Financial Advisers
|
|
Written by Sarah Laing
|
|
Monday, 23 August 2010 00:00 |
|
HM Revenue & Customs has announced that it has had to redeploy some of its staff at the Central Agent Authorisation Team in Longbenton, so that the turnaround time for paper Forms 64-8 and Self Assessment Registrations will significantly increase. This has proved necessary in light of other, 'higher priority' work and is expected to last until 31 October 2010. The original publicised target turnaround time for clients already in Self Assessment was just one working day from receipt. Paper 64-8s for Self Assessment will take the least time - 2 weeks - whilst other authorisations may take up to 6 weeks. Self Assessment and Self-employment registrations may take up to 8 weeks. HMRC is keen to emphasise that online agent authorisations are unaffected by the delays for paper registrations, and 'strongly encourages' agents to make use of the online facility. For further information on the delays, see Central Agent Authorisation Team: Changes to Turnaround Times for Paper Forms until 31 October 2010. For further information on online authorisation, see Online Agent Authorisation Service
|
|
|
|
|
TaxationWeb
|
|
Written by Sarah Laing
|
|
Saturday, 21 August 2010 00:00 |
|
For the 3rd year running, TaxationWeb.co.uk, the UK's leading independent tax website, was ranked as one of the Top 10 UK accountancy websites, by Experian Hitwise. Twice a year, Hitwise awards the 10 most popular websites across over 160 categories. From January - June, 2010, www.taxationweb.co.uk was ranked #7 in the Hitwise United Kingdom 'Business and Finance - Accountancy' industry based on monthly average market share. The Hitwise UK Top 10 Awards Programme celebrates the most successful UK websites in 160+ online industries. As Hitwise reports on the anonymous online usage and search behaviour of more than 8 million UK Internet users — the largest online sample of its kind — this unique awards programme recognises excellence in online performance through public popularity. Founded in 2000, TaxationWeb is the UK’s largest independent tax website, visited by over 100,000 UK taxpayers and tax professionals every month. It has been voted by Hitwise as one of the UK's Top 10 accountancy websites since 2008. Martino Matijevic, TaxationWeb’s co-Founder said, “We are delighted to be voted no. 7 UK accounting website. The success of TaxationWeb’s popularity comes from its independence and wealth of information. During the past 10 years, our editorial team has compiled thousands of tax news items, articles, guides and expert analyses from a range of sources, catering for both tax professionals and general taxpayers. One of our most successful strategies has been to launch the Tax Tips Forum, a free, open forum, bringing together taxpayers and tax advisers. The Forum encourages discussion, exchange of ideas and experiences and it is often the starting point to finding a qualified tax adviser.”
LinksTaxationWeb - About Us
Hitwise Top 10 Awards
|
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 1 of 117 |
Dorifor Tax Group - our portfolio of tax sites:
