Trading on Ebay – One click away for HMRC

HMRC are offering online sellers a chance to settle their tax bills, HMRC have announced that people trading on the internet who haven’t paid all the tax they owe have been offered the opportunity to come forward and pay under an HMRC Campaign. Marian Wilson, head of HMRC Campaigns,
Continue Reading →

Private Tutors & Coaches – HMRC are watching you!

Under the terms of the Tax Catch Up Plan, launched in October 2011, tutors and coaches had until 6th January 2012 to tell HMRC of any irregularities in their tax affairs.  The deadline to settle this tax is the 31st March. HMRC have warned “it has gathered information and intellige
Continue Reading →

Rag Trade, Motor Trade – who is next?

HMRC are launching 30 new task forces to crack down on tax dodgers. HMRC have a very simple logic “taskforces only target people who are at high risk of breaking the rules and don’t pay the tax they owe.  HMRC say they know we’re going after the right people – some taskforces
Continue Reading →

Late Filing your Tax Return – what has this cost you?

HMRC have announced that they have recently sent out 850,000 penalties for late tax returns over the next for fortnight. Letters containing the £100 late filing penalties are being sent out to people who failed to send their 2010/11 Self Assessment returns to HMRC on time. Anyone who
Continue Reading →

HMRC tackles Bright Sparks

Electricians around the country will start receiving letters this month from HMRC warning them to pay any undisclosed taxes. The Electricians Tax Safe Plan is aimed at anyone who installs, maintains and tests electrical systems, equipment and appliances – and covers any tax owed for
Continue Reading →