HMRC Vision 2024

By Gary Robinson / November 25, 2023

Under new plans, HMRC will reduce access to its call centres and helpline advisers at its contact centres by 30% by December 2024 in a bid to force people to move to digital services by default and to try to achieve service level targets. Speaking to MPs at a Treasury Committee hearing on Wednesday, HMRC…

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Biggest Tax Raising Parliment

By Gary Robinson / October 14, 2023

The Institute for Fiscal Studies (IFS) has stated that this has been the biggest tax-raising parliament since records began, pushing UK tax revenues to historically high levels. They comment “At the time of the last general election, UK tax revenues amounted to around 33% of national income. By the time of the next election in…

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Shareholders Agreements and Why They Are Important

By Gary Robinson / September 2, 2023

The importance of a shareholders agreement    For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they, control the company outright…

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HM Revenue Customs thinks the solution lies in the use of online

By Gary Robinson / August 4, 2023

HMRC Annual Report shows some important trends for business owners HMRC’s annual report was published last week, and it shows that they failed to meet many of their key customer services measures in 2022-23. Customer satisfaction dropped to 79% from 82% last year and telephone performance has also declined with an average wait of 16…

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HMRC fined 300,000 tax payers

By Gary Robinson / February 4, 2023

A record 11.7 million people submitted their tax returns on time, but over 300,000 taxpayers missed the self assessment deadline This compared with 10.2m completed returns by the 2021 deadline, although HMRC did extend the filing period due to the fallout from the pandemic. On 31 January, 861,085 taxpayers filed online to meet the deadline,…

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Change at No10 Downing Street

By Gary Robinson / November 6, 2022

A new period of this government begins for us all, again! We have a new Prime Minister, Rishi Sunak and a new cabinet facing the toughest economic conditions in decades. So what actions can we expect from the government in the next few weeks? Chancellor Jeremy Hunt will outline the UK’s tax and spending programme on…

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Importance of a Will

By Gary Robinson / September 17, 2022

When both partner’s income and assets are vital for the household’s financial security, it will inevitably mean financial difficulty for the survivor should either of them die.  With the right financial planning you can minimise the problems for your loved ones and here are a few reminders of the essentials: Write your will Without a…

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How much is my business worth?

By Gary Robinson / September 4, 2022

This is a question many of our clients want an answer to! The truth is, it depends on a range of factors and any valuation is only helpful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.   The prevailing economic…

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Business News

By Gary Robinson / November 5, 2021

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you!COP26 – UN Climate change conferenceThe UK is hosting the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow until…

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Remote Recruitment

By Gary Robinson / July 15, 2021

We have had three national lockdowns, various restrictions remain in place, and many forced to work from home for the majority of last year, the workplace has changed dramatically ‘Work’ as we once knew it has become more and more digital, as organisations adopt an increasingly hybrid approach. As a result, recruiters have had to…

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