SME Tax News

Don’t panic, here are some last-minute tips for SA filing for the 2008/09 tax year.

The guidance given by HMRC in relation to its new "Tax Health Plan" (THP) is turning "a simple and straightforward opportunity" into something of a farce.

A taxpayer will incur a tax penalty if an error is made in a return as a result of carelessness.

Lesley Strathie, CEO of HMRC has informed staff in 130 offices that closures and redundancies on planned in 2010/11.

Problems filing abbreviated accounts using Companies House software (the abbreviated accounts template)? These known “bugs” will stop you downloading and completing Companies House’s document:

Couples: income splitting and VAT.  VAT Flat rate scheme discounts. Increase in time to claim pre-registration inputs.


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