Tagged:  HMRC

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Why so few married couples fail to claim a handy tax perk

In VAT Lady Blog On November 24, 2016 0 Comments

HMRC is puzzled about why so few married couples bother to claim marriage tax allowance. Less than a quarter of couples claim the allowance, which was introduced in… Read More »

53% increase in HMRC raids in the past 5 years

In VAT Lady Blog On November 10, 2016 0 Comments

Research by the law firm, Pinsent Masons reveals a sinister trend. Apparently HMRC carried out 28% more raids during 2015 than the year before, and 53% more than… Read More »

Making Tax Digital – What it means to you

In VAT Lady Blog On October 27, 2016 0 Comments

HMRC have published a grand total of six consultation documents about their Making Tax Digital initiative. Six? That doesn’t necessarily bode well for business owners who are hoping… Read More »

Shops at risk as HMRC cracks down on cash

In VAT Lady Blog On October 12, 2016 0 Comments

HMRC has always had an uneasy relationship with cash. It’s tricky stuff, hard for the revenue to keep account of and – in the past – a popular… Read More »

More than 50% chance of winning a challenge against HMRC

In VAT Lady Blog On September 28, 2016 0 Comments

It’s great news – apparently challenging HMRC pays off more than half of the time. On the other hand it’s dreadful news because it reveals how HMRC gets… Read More »

HMRC Phone Scandal – If Your Business Did This, You’d Fail!

In VAT Lady Blog On September 14, 2016 0 Comments

It’s already notorious. But is it set to get worse? It looks like HMRC’s call centre waiting times could get even longer thanks to planned staff reductions between… Read More »

HMRC inspections – Advice for small businesses

In VAT Lady Blog On June 15, 2016 0 Comments

The thought of an HMRC inspection puts the wind up many small business owners. How do you survive one, and what advice do the experts give? 12 steps… Read More »

British ‘Fat Cats’ dodge tax to the tune of 16 billion pounds a year

In VAT Lady Blog On May 18, 2016 0 Comments

Tax evasion or tax avoidance? Evasion is illegal; avoidance isn’t. But it’s a matter of semantics. They both mean the same thing: not paying tax you should pay,… Read More »

Big business VAT fraud crackdowns too expensive for HMRC to handle

In VAT Lady Blog On March 10, 2016 0 Comments

So HMRC is perfectly happy to crack down on individuals over their tax and VAT… but they’d prefer to leave big brands like eBay and Amazon to handle… Read More »

Research Reveals Brits ‘Unconcerned’ About HMRC Phishing Scams

In VAT Lady Blog On January 14, 2016 0 Comments

Apparently 40% of British UK adults who have had spoof phishing emails from mischief makers claiming to be HMRC are ‘unconcerned’ about the risk of losing personal information…. Read More »

Oops, we just lost £20 million! Greed and the not-so-beautiful game

In VAT Lady Blog On December 15, 2015 0 Comments

Perhaps the glitterati of the beautiful game should stick to what they know – a bunch of men running around a muddy field kicking a ball. According to… Read More »

What could HMRC’s re-organisation mean for your small business?

In VAT Lady Blog On November 25, 2015 0 Comments

It means that you cannot obtain information from a knowledgeable human being who can answer a question that you to you is very significant, but in reality is… Read More »

Microbusiness + VAT MOSS = Nightmare

In VAT Lady Blog On October 15, 2015 0 Comments

VAT MOSS means VAT Mini One Stop Shop, the EU’s new digital VAT rules introduced in new year 2015. It says VAT has to be charged on digitally-delivered… Read More »

Government plans to charge for HMRC appeals 

In VAT Lady Blog On September 10, 2015 0 Comments

It looks like you might soon have to pay HMRC if you want to appeal against a decision they’ve made, and the threat is causing ructions in the… Read More »

HMRC’s latest crack-down on company tax avoidance

In VAT Lady Blog On August 13, 2015 0 Comments

HMRC are always cracking down on one thing or another, no surprise since their recent crack-down on companies avoiding tax netted them a whopping £27 billion. This time… Read More »

Is the HMRC email I’ve received actually a scam?

In VAT Lady Blog On July 13, 2015 0 Comments

Mr Spam is a very busy chap indeed. He has poked his sticky little fingers into just about every pie on the planet, and that includes the world’s… Read More »

Innocent until proved guilty? HMRC abolishes Britain’s long-held principle

In VAT Lady Blog On March 12, 2015 0 Comments

Innocent until proved guilty. The principle sits at the heart of the British legal system. It’s something the nation holds dear, something to be proud of in an… Read More »

HMRC set to shake up their computerised tax collection system 

In VAT Lady Blog On September 8, 2014 2 Comments

HMRC is due to shake up its IT systems in a move that has MPs seriously worried. The news comes in the wake of a string of super-expensive… Read More »

Where do I get help with TOMS?

In VAT Lady Blog On February 13, 2014 0 Comments

What is the Tour Operators Margin Scheme (TOMS) position following the European Court of Justice recent decisions about wholesale supplies and TOMS calculation? I’ve been getting a lot… Read More »

How to make income tax self-assessment less painful next time!

In VAT Lady Blog On January 24, 2013 0 Comments

It’s that time of year again, when millions of self-employed people are faced with shelling out their half-yearly income tax payments. Paying is painful enough but if you’re… Read More »

HMRC 2010/11 Self Assessment Penalties

In VAT Lady Blog On August 14, 2012 0 Comments

HMRC to issued Penalty Notices for non submission of 2010/ 2011 Self Assessment Returns Around half a million people who still haven’t sent their 2010/11 tax returns to… Read More »

HMRC, commercial sports leagues and VAT on football pitch hire

In VAT Lady Blog On August 9, 2012 0 Comments

At the same time as Team GB is enjoying its share of Olympic glory, British five-a-side football teams are facing VAT demands for pitch hire in a controversial… Read More »

Tax on home rentals for London 2012

In VAT Lady Blog On July 9, 2012 0 Comments

Are you thinking about cashing in on the boom in demand for rentals over the Olympics? If so, don’t forget to check whether you need to declare the… Read More »

New Real Time PAYE Reporting Made ‘As Easy As Possible’

In VAT Lady Blog On June 18, 2012 0 Comments

HMRC has published a consultation document about how to make real-time PAYE reporting “as easy as possible” for employers, in a move that’ll also prevent employers from deliberately… Read More »

The Pasty Tax is scrapped

In VAT Lady Blog On May 29, 2012 0 Comments

The Pasty Tax THE SALE OF FOOD AND DRINK The Law:  All the law is to be found in the VAT Act 1994 which states the supplies of… Read More »

Road Fuel Scale Charges, changing UK law to comply with EU law

In VAT Lady Blog On April 27, 2012 0 Comments

Road Fuel Scale Charges, changing UK law to comply with EU law and streamlining the scheme   How the Government intends to correct the position and improve the… Read More »

Plumber Jailed for Tax Fraud

In VAT Lady Blog On March 28, 2012 0 Comments

Plumber Jailed for Tax Fraud West Midlands plumber David Williams, 53, was today jailed for 12 months for evading £91,000 of income tax and national insurance during 10… Read More »

Change to Intratat submission deadline

In VAT Lady Blog On March 20, 2012 0 Comments

Change to the monthly deadline for submitting Intrastat declarations From 1 April 2012, Intrastat declarations must be submitted by the 21st day of the month. This means that… Read More »

VAT Alert – Intrastat Submissions

In VAT Lady Blog On February 23, 2012 0 Comments

VAT Alert !!!   Intrastats If you submit Supplementary Declarations, your data for the January 2012 period is due by 29 February 2012. Financial penalties can be incurred if… Read More »

When is a book not a book?

In VAT Lady Blog On November 21, 2011 0 Comments

HMRC recently lost a court case in relation to the definition of a “book”.  The production of which can be classified as zero rated. In this instance is… Read More »

Know your overseas shopping limits this Christmas

In VAT Lady Blog On November 11, 2011 0 Comments

Know your overseas shopping limits this Christmas From HM Revenue & Customs Don’t get hit by unexpected charges when you are shopping for Christmas bargains this year, If… Read More »

SME Funding- Scam Warning

In VAT Lady Blog On September 20, 2011 0 Comments

European Commission Notification SME Funding – Scam Warning If you receive an e-mail/letter which claims to be a notice of a decision “by the board of trustees of… Read More »

Revenue reminder on new Self Assessment Tax Return penalties

In VAT Lady Blog On September 15, 2011 0 Comments

From HM Revenue & Customs: Revenue reminder on new tax return penalties HM Revenue & Customs (HMRC) is reminding individuals and businesses about new Self Assessment penalties for… Read More »

VAT cheats have until 30 September to come clean

In VAT Lady Blog On September 15, 2011 0 Comments

From HM Revenue & Customs: VAT cheats have until 30 September to come clean VAT rule-breakers have until 30 September to register to pay what they owe under… Read More »

“VAT cheats” targeted in crackdown by HMRC

In VAT Lady Blog On August 30, 2011 0 Comments

As part of the “VAT Initiative” campaign launched at the beginning of July aimed at VAT rule-breakers, HM Revenue & Customs (HMRC) will be sending approximately 40,000 letters… Read More »