ACCA Archives - Page 149 of 195 - Whitefield Tax - Isle of Wight Accountants

The Tax Gap

by Jessica Garbett | Nov 4, 2016 | ACCA, HMRC

HMRC has issued its annual Tax Gap report. HMRC’s Tax Gap report says: ‘The tax gap is the difference between the amount of tax due and the amount collected. It is impossible to collect every penny theoretically owed in tax, so a “tax gap” will always exist. For...

New corporate offences to tackle tax evasion

by Jessica Garbett | Nov 3, 2016 | ACCA, business issues

New Criminal Finances Bill aims to help the authorities tackle tax evasion. The Criminal Finances Bill was introduced on 13 October 2016. The Bill is in four parts: Part 1 relates to the proceeds of crime, money laundering, civil recovery, enforcement powers and...

Enterprise Finance Guarantee

by Jessica Garbett | Nov 1, 2016 | ACCA, business issues

Facilitating lending to the UK’s smaller businesses. Since its launch in 2009, the British Business Bank’s Enterprise Finance Guarantee (EFG) has supported the provision of £2.7bn of finance to more than 26,000 smaller businesses in the UK (as at October 2016). EFG...

HMRC withdraws free corporation tax software

by Jessica Garbett | Oct 28, 2016 | ACCA, business taxation

HMRC announced last year that its free online filing form for corporation tax returns is being withdrawn. Currently it provides free, downloadable pdf forms which enable a company to file CT600 forms. This service will be available only until 31 December 2016 to file...

Defining the role of the small business commissioner

by Jessica Garbett | Oct 28, 2016 | ACCA, business issues

SMEs should benefit from the introduction of a commissioner to champion their interests. The role of the Small Business Commissioner was established by the Enterprise Act 2016 (the Act). The role is to support small businesses to resolve payment disputes and avoid...

When are pre-letting expenses allowed?

by Jessica Garbett | Oct 21, 2016 | ACCA, business taxation, personal taxatation, property taxation

A look, with working examples, at pre-letting expenses and the issue of whether repairs are a capital or revenue expense. Profits from UK land or property are treated, for tax purposes, as arising from a business. The broad scheme is that rental business profits are...

« Older Entries

Next Entries »

The Tax Gap

New corporate offences to tackle tax evasion

Enterprise Finance Guarantee

HMRC withdraws free corporation tax software

Defining the role of the small business commissioner

When are pre-letting expenses allowed?

Register for our Newsletter

Whats Current?

Latest News

Search News by Date or Category

From our daughter business YogaTax