Further to a previous post regarding the changes in the penalty system for self-assessments, HMRC have published information designed to help people avoid unnecessary mistakes. Full article If you are unclear about this information or would like to have a professional look over your accounts and complete your return on time and correctly then contact [...]

In what appears to be a bribe to get companies to file their returns on time and online, HMRC is offering companies a free payment for filing their Employer Annual Return before the deadline 19 May 2009. If you have less than 50 employees head over to hmrc to find more details.

An article on Accountancy Age has highlighted MP’s concerns over the ability of people to file their self-assessments correctly. It is thought that up to £3.7bn of revenue may be at risk from incorrect returns. The House of Commons Public Accounts Committee also highlighted a huge 31% of people missed the January 31st deadline. It [...]