Avoid the ‘new account’ fraudsters

In November 2008 the Business and Enterprise Committee made up of a number of MPs, published a report about Companies House. Like many people, the MPs were taken aback to find that data filed there by companies, accountants etc was not checked and validated. A strong...

Second Offshore Disclosure facility

On 20 November 2008 HM Revenue & Customs confirmed that it is to launch a second campaign in 2009 to collect unpaid tax in offshore accounts. The Offshore Disclosure Facility (ODF) will target account holders with money in building societies and any of the 300...

Fuel Rates (pence per mile)

From 1 January 2009 HMRC have issued revised fuel rates for car users. These rates apply when: employees are reimbursed for business travel in their company cars; or employers require that employees repay the fuel element of private motoring. The rates can also be...

Selling property abroad

Sterling has depreciated considerably against the Euro in the last year. Whilst this is of great interest to other Euro zone residents, who can buy property in the UK at much lower Euro cost, the opposite applies to UK residents who have purchased property elsewhere...

Year end tax planning

We are approaching the end of another tax year – and an eventful one it has been! This has particular relevance to those who are self employed, either a sole trader or in partnership. Due to the current economic downturn you may recently have experienced a drop...