The First-tier Tribunal (FTT) recently heard an appeal against late filing penalties imposed on both partnership and individual self-assessment returns for 2010-11 and 2011-12.

A taxpayer, Miss Akan, appealed to the First Tier Tribunal (FTT) against assessments in relation to Income Tax, Capital Gains Tax and penalties relating to income arising from, and

Topic:-Exclusively Ranked By Handpicked Accountants Makesworth Accountants is pleased to announce that we are the latest firm to join the exclusive ranks of Handpicked Accountants, Launched in 2017 by Begbies Traynor Group, […]

The UK is set to leave the EU on 29 March 2019 and as things currently stand, it would seem that we are no closer to reaching a negotiated withdrawal agreement. The chances of

We have already examined matters that must be addressed by those importing goods to the UK if there is a ‘no deal’ Brexit (See previous articles). In this article we will look at

There are special intestacy rules that govern how assets are divided if you die without making a will. If this happens your assets are passed on to family members in accordance

The Court of Appeal recently heard a taxpayer’s appeal against a decision of the Upper Tribunal to recover an amount of overpaid VAT. The claim related to historic VAT claims

The government’s Bank Referral Scheme was launched in November 2016. The scheme, created by the Small Business, Enterprise and Employment Act 2015, is designed to help improve SME

Student Loans are part of the government’s financial support package for students in higher education in the UK. They are available to help students meet their expenses while they

We would like to remind any students that had a summer, job that they may be entitled to claim back any tax overpaid. Students (and other temporary workers) are not required to pay

Taxpayers who have lost or forgotten their national insurance number should first try and locate the number on paperwork such as their tax return, payslip or P60. Taxpayers with

HMRC has advised that it has changed its approach to charging financial penalties when enforcing the National Minimum Wage (NMW) where there has been a transfer of employees from