HMRC - Whitefield Tax Limited - Isle of Wight Accountants

Self assessment and tax returns from directors

by Jessica Garbett | Jan 6, 2020 | ACCA, HMRC, personal taxatation

Not all directors now have an obligation to file a tax return. HMRC has made changes to its guidance on the requirement to file tax returns by directors. The guidance removed the previous statements suggesting all directors have an obligation to file tax returns. The...

Understanding Registration Obligations with HMRC and Companies House

by Jessica Garbett | Aug 9, 2019 | business issues, business taxation, HMRC, personal taxatation

Knowing what taxes to register for, and when, can be confusing – not in the least as most taxes need separate registration. Here’s a handy guide: Business Taxes on Profit Sole Traders – register with HMRC for Self Assessment. No later than 5...

Former Isle Of Wight Hotelier Jailed For VAT Fraud

by Jessica Garbett | Jun 12, 2019 | enquiries and tax disputes, HMRC, isle of wight

An article being carried today in local media, presumably on the back of an HMRC press release which we cannot track down at source. Island Echo: ISLE OF WIGHT HOTELIER JAILED FOR £350,000 VAT FRAUD Isle of Wight Radio: Isle Of Wight Hotelier Jailed For Fraud...

Voice scams impersonating HMRC

by Jessica Garbett | May 27, 2019 | ACCA, business issues, HMRC

HMRC issues warning about bogus calls. HMRC has been raising awareness of voice scams impersonating HMRC, stating that it will never use robotic recorded voice calls to contact customers. HMRC highlights that these calls typically take the format of an automated voice...

HMRC preferential creditor status back soon

by Jessica Garbett | Apr 15, 2019 | ACCA, business taxation, HMRC, personal taxatation

Your chance to input into a consultation on this crucial area. The Enterprise Act introduced a series of measures designed to strengthen the UK competition framework, transform the approach to bankruptcy and corporate rescue and empower consumers. Part of this was...

Useful tax elections and claims for 2017-18

by Jessica Garbett | Jan 9, 2019 | ACCA, business taxation, capital taxation, HMRC, personal taxatation, property taxation

A timely reminder heading into self assessment season. Main residence nomination s222 (5a) Taxation of Chargeable Gains Act 1992 (TCGA 1992) Taxpayers with two or more residences may choose which property is to be treated as their main residence for capital gains tax...

« Older Entries

Self assessment and tax returns from directors

Understanding Registration Obligations with HMRC and Companies House

Former Isle Of Wight Hotelier Jailed For VAT Fraud

Voice scams impersonating HMRC

HMRC preferential creditor status back soon

Useful tax elections and claims for 2017-18

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