Press Room

A quick reminder, your 2010/11 Self Assessment needs to be submitted to HMRC by 31st January 2012, if filed on line.  Please note that the penalty regime has now changed and late submission attracts an automatic penalty of £100.

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Don’t forget your dedicated accountant will check your expenses for you each month, if you let him/her know when you have updated them.

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HMRC have introduced a scale rate for working overseas that makes claiming expenses, such as accommodation, much easier and less time consuming.

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The Financial Reporting Council and the Department for Business, Innovation and Skills (BIS) have published a joint missive calling for annual accounts for the smallest businesses to be simplified in order to cut red-tape for micro-entities.

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HM Revenue and Customs say the number of scam “phishing” emails has increased by more than 300% over the past year.

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A survey of nearly 700 small businesses has found that more than 71 per cent did not check their customers’ credit status.

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