Monthly Archives: April 2014

HMRC may be extending access to taxpayers’ data

The Treasury has confirmed it was proceeding with plans to legislate making aggregated and anonymised data more widely available. In a published document HMRC said: "The government has decided to proceed with the proposal to remove the legal restrictions that currently limit HMRC's ability to share anonymised individual level data for the purpose of research and analysis and deliver public Continue Reading
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Cars, business use, and tax considerations

There are a number of situations where care should be taken in the way in which claims are made for the business use of a vehicle, usually a car, which is also used for private purposes.  We have listed below a number of issues that business owners and private car users should be aware. If you are self-employed and your Continue Reading
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New criminal offence for individuals who hide money offshore

The government is consulting on plans to introduce a new strict liability criminal offence for individuals who hide their money offshore. Under the plans announced by the Chancellor, HM Revenue & Customs (HMRC) would no longer need to prove that individuals who have undeclared income offshore intended to evade tax, in order for a criminal conviction to be handed down. Continue Reading
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Unemployment drop…

Figures recently published by the Office for National Statistics show that unemployment has dropped below 7% for the first time since the recession and employment has seen the biggest annual jump in a generation. Unemployment fell by 77,000 in the last 3 months, taking the unemployment rate to 6.9% for the first time since 2009. In the largest annual rise Continue Reading
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