The Latest news from Turner Little
Research has shown that the average small business owner is spending £5,000 and an astonishing three working weeks on tax compliance every year. This has prompted representatives of small companies in the UK to demand reform. Too many barriers The
Addressing concerns about timescales, the government has pulled back on the Making Tax Digital initiative, which aims to shift all tax records and payment online. They have now said that the three million small businesses affected by the proposed changes
If you run a small business, one of your key duties is to handle its tax matters. If HM Revenue and Customs (HMRC), believes that your firm is failing to meet its tax obligations, they will investigate. This could bring
HM Revenue & Customs (HMRC) recently launched a consultation on reforming the salary sacrifice schemes that companies across the UK utilise to reduce their employees’ tax bills. Salary sacrifice schemes Salary sacrifice schemes allow millions of workers to exchange portions
A recent report from BM Magazine has revealed to Turner Little that cyber-thieves have attempted to hack into HM Revenue and Customs’ (HMRC) website in order to steal £100 million from UK tax payers. Hacking attempts Under UK law, taxpayers