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Monthly Archives: July 2015

Offshore tax evaders and their advisers will face even tougher sanctions

 The new regime to crack down on offshore evaders, which HM Revenue and Customs (HMRC) will consult on from 16 July, includes: a new criminal offence for offshore evasion – so in the worst cases it’s no longer possible to … Continue reading

Posted in Business

The Small Business, Enterprise and Employment

The Small Business, Enterprise and Employment Act has now received Royal Assent and is expected to be implemented to the timescales set out below. The measures that affect companies aim to: reduce red tape whilst increasing the quality of information … Continue reading

Posted in Business

Update for landlords

On 17 July 2015 HMRC published a consultation document that outlines the changes to the way tax relief will be given for replacement of furnishings in let residential properties.  The present wear and tear allowance (10% of rents) has a … Continue reading

Posted in Business

Top ten things to know about the new Tax-Free Childcare scheme.

The government has published more information about the proposed changes to their tax-free childcare scheme.  Here are the top ten things to know about the scheme… 1. You’ll be able to open an online account You’ll be able to open … Continue reading

Posted in Business

Get rich quick scheme exposed

Four London companies involved in selling “miracle” software guaranteed to make investors money trading on the London Stock Exchange, have been ordered into liquidation in the High Court on grounds of public interest following an investigation by the Insolvency Service. … Continue reading

Posted in Business