HMRC launches new Fraud Hotline

Members of the public play an important role in helping HMRC clamp down on tax fraud and tax evasion. HMRC has just made it easier to report suspected fraud by launching a hotline which is open seven days a week from 8 am until 8 pm, 365 days a year.…

Accountants grapple with online services downtime

The start of the new financial year was a frustrating time for accountants. First, HMRC’s online services crashed on 6 April and, by 10 April, all their online services were down. Secondly, Companies House used the Easter weekend to undertake maintenance work on their online systems. With both services unavailable,…

Flat Rate VAT percentage

Do you run a small business and pay VAT at an agreed percentage rate on the flat rate scheme (FRS)? Did you know that from 1 April 2017, there will be a new VAT rate of 16.5% for businesses which have low purchases of goods in an accounting period? Businesses…

Share: