Telephone01438 721877

Envelope

HOW BIG IS YOUR BUSINESS?

We understand that your business is important to you, and good tax planning can be a great source of efficiency and savings.

Tell us the size of your business and see how we can help.

NEWSLETTER SIGN-UP

Our newsletter will be delievered
directly to your email inbox

Tax Campaigns Update

Newsletter issue - July 2012.

The Taxman is determined to target tax evaders, so has been running several campaigns to target particular business sectors, such as doctors, electricians and e-traders.

The latest campaign is aimed at individuals who should be paying tax at 40% or 50%, but who have not submitted a tax return when requested to do so. These people will be offered a reduced penalty if the missing tax return is submitted by 3rd October 2012, and all the outstanding tax is also paid by that date.

If you know someone who has put their head in the sand regarding their tax affairs, please ask them to get in touch with us as soon as possible, so we can help them complete their missing tax returns.

Later this year the Tax Office will be targeting door-to-door sellers who sell to customers in their own homes. These sellers are often paid on a commission basis for the goods they sell, and may be vague about their own tax status.

Another campaign will target all tradesmen who provide home maintenance, repair or home improvement services. This will cover all small builders and skilled craftsmen who are not subcontracted to larger building firms.