Monthly Archives: September 2016

HMRCs consultations

It is not difficult to gauge the focus of our tax collectors. Since the Brexit vote, 23 June 2016, and the change in government leadership, HMRC have published a number of consultation documents, all issued during August 2016. Prior to the Brexit vote, there were a smattering of consultations, but none issued after 23 May […]

Directors responsibilities, legal, signs and stationery

Legal responsibilities We are often asked to clarify the responsibilities that directors take on when they agree to become directors of limited companies. A summary of directors’ duties published on the GOV.UK website are reproduced below. As a director of a limited company, you must: try to make the company a success, using your skills, […]

Taxman safeguards billions of tax payments

The Financial Secretary to the Treasury, Jane Ellison MP, announced last week that HMRC has collected £3 billion up-front from tax avoiders. The move continues the government clampdown on tax avoidance following last month’s announcement that enablers of tax avoidance will face tough new sanctions. The 60,000 accelerated payment notices (APNs) issued since the new […]

Government to replace EU funding

Thousands of British organisations will receive guarantees over EU funding in a new move by Chancellor Philip Hammond last month. Key projects supporting economic development across the UK will be given the green light, ending uncertainty over their future following the UK’s decision to leave the European Union. Assurances set out by the Treasury include: ·         all […]