From 1 April 2013 bidders for government contracts will need to certify that they are tax compliant and if they fail this test they will be excluded from winning government contracts. The new restrictions will apply to Central government tenders advertised on or after 1 April 2013. The bidding process will include a new pass/fail question in the pre-qualification questionnaire Continue Reading
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New Publication – Successful Retirement Planning
Our latest publication in our 'Active Practice' series is entitled 'Successful Retirement Planning' is now available from our website, this guide looks at some important considerations when planning for income in retirement. Many people spend time thinking about what retirement might look like financially, and this is particularly important now given the stock market recovery we have seen in 2013, Continue Reading
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Company Car Taxation
This guide focuses on company car tax rules and how tax legislation is being used to encourage businesses to acquire more environmentally-friendly vehicles. The provision of a company car is normally a taxable benefit for an employee or a director. The company car benefit charge for a full year is calculated by multiplying the price of the car for Continue Reading
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HMRC name and shame list grows
In accordance with legislation HMRC may publish information about a deliberate tax defaulter where: HMRC have carried out an investigation and the person has been charged one or more penalties for deliberate defaults, and those penalties involve tax of more than £25,000. However, their information will not be published if the person earns the maximum reduction of the penalties by Continue Reading
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