Articles

HMRC Penalty Notice

Company and personal filing deadlines/penalties

There are strict deadlines, whether you are filing your company accounts, corporation, or personal tax return. While there are situations where you can apply for an extension, it is important to be aware of the deadlines and the potential penalties. Repeat offenders may see their options reduced in the future and increased penalty charges.

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IR35

Is the IR35 earthquake coming your way?

It is an understatement to suggest that ongoing changes to the IR35 system, including legal challenges, appeals and counter appeals, could be costly for those employing contractors. We are in a rather bizarre situation where the Check Employment Status for Tax (CEST) tool introduced by HMRC is constantly questioned by HMRC.

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crypto currency

While Bitcoin continues to grab the headlines, the cryptocurrency sector now takes in literally thousands of different digital assets…

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Hidden Economy

HMO Tax Conditionality test on the horizon?

The UK government recently announced plans to crackdown on tax avoidance, referred to as tax conditionality, in what is often described as the “hidden economy”. In a straightforward yet highly effective move, various licence applications will now be considered with proof that the parties have completed a tax check with HMRC.

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Taxing Times

Taxing Times

In April, the Inland Revenue issued the new income tax self assessment forms which we all fully expected, but for which we are almost certainly

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Moscow

Doing Business in Russia

Chris Wilkins FCCA has clients in St Petersburg, Moscow and Kazakhstan. He has travelled on business in Russia and regularly grapples with the vagaries of

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