Latest News

The Tax Buzz - June 2009

Some of the topics discussed recently on the TaxBuzz Blog:

Official recognisation of Tax Advice Network as a 'Trusted Organisation'; We've had Tesco Law, why not Tesco Tax?; Paul Aplin OBE and Chris Tailby CBE; Working with tax agents - HMRC webcast; Will this mean less tax advice given in writing?; Tax avoidance is a card game - the metaphors multiply; Getting ready for the biggest revolution in tax compliance for 5 years; HMRC BPSS is prolonging the recession.

The Tax Buzz - May 2009

Some of the topics discussed recently on the TaxBuzz Blog:

Ten more tax questions re MP's expenses; Pringles: Once you pop you just can't stop - paying VAT; Hazel Blears and Gordon Brown - a genuine gesture or deliberately deceptive? Sir fred Goodwin's tax worries - right or wrong? Tax Advice Network on BBC - twice in two days; Pension tax changes that hit high earners NOW; Flipping properties - avoiding CGT when you have more than one main residence.

Protecting your practice from negligence claims and worse

Notes and slides from this unique, practical and valuable half day seminar are available for download for those unable to attend the seminar on 4 June. With the new obligation to evidence 'reasonable care' in tax work, this unique and valuable half day seminar, presented by Mark Lee, highlights many of the ways that professional negligence claims arise and what you can do to avoid them.

Key tax management matters for accountants in practice

During February 2009, Mark Lee, Chairman of the Tax Advice Network, presented a new seminar to accountants Key tax management matters for accountants in practice. Copies of the notes and slides presented during the talk are now available for download from our website.

Quality Mark for Accountants' Websites

The Tax Advice Network has introduced a ‘quality mark’ for accountants’ websites. We award a special logo which can be posted on those accountants’ websites which we believe meet key standards – both as a quality website and one which seeks to add value by utilising various aspects of modern web design.

Membership details

Silver-plus, Gold and Platinum membership levels
From 2009 we have introduced the facility for accountants to upgrade to silver-plus, gold or platinum membership in order to secure additional benefits and valuable facilities. Full details here.

Seminar slides and notes for accountants

Mastering the credit crunch - your firm, your advice, your future.

The slides and notes from this acclaimed and topical seminar are now available for download.

Articles

Tax newsletter 25 June 2009

In last week's practical tax newsletter we briefly covered the meaning of the phrase 'check a return' when used by HMRC officers. This week we examine the law and guidance that governs when HMRC can open an enquiry into your clients' tax affairs. We have also highlighted some of the continuing problems with online filing for SA returns.

Tax Newsletter 18 June 2009

As we slip into summer you may be looking forward to your two weeks away, but there are some important deadlines in July which your clients need to know about: reporting of employment related shares and options, and Tax Credits renewals. We also take a brief look at what HMRC mean by 'check a return'.

New Tax Amnesty???

A possible second Tax Amnesty is rumoured to be considered and also HMRC are looking for Offshore Tax evaders to prosecute to bring the message home....

Looks like a flat rate 10% for first time disclosers and online filing for agents this time

Does your client have Offshore property letting losses?

With one hand the EU gives it and with the other GB UK ltd takes it away. Take advantage of the short term bonus if your clients have foreign property letting losses brought forward. If you need help with it contact Bill Stevenson (on 07751720507) or any taxadvicenetwork specialist for assistance

The new Tribunal regime

Although we have a new Tribunal System which has replaced the General and Special Commissioners, it is hoped that taxpayers will not find the new procedures too much of a change. This article gives a review of the new system including details of a change in internal HMRC procedures to compliment the legislative changes

Spanish Tax refunds

If your client sold a Spanish property within the last 4 years (time limits apply) and before 31st December 2006 a refund of tax may be due

Guide to Jersey (Taxation) an overview

A useful summary and introduction to the tax regime in Jersey, written by Tax Advice Network member Mehul Kotedia who is based in Jersey.

Tax advisory software

The Tax Advice Network is pleased to be have obtained permission to provide accountants with the 2009/10 edition of the award winning Tax Tips and Tools advisory software.

HMRC are not always right - Don't let them bully you