Self-assessment income tax payment problems
If you think you are likely to experience problems paying the self-assessment tax you owe, you should contact HM Revenue & Customs (HMRC) as soon as possible. It may be possible to agree a payment...
View ArticleWhat to do when you lose your tax records
Unforeseen circumstances ― such as a fire or flood in your premises ―could mean you lose your tax and accounting records. For example, a number of businesses lost their tax records in the 2011 summer...
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Tax investigation – what you need to know
Many businesses will face a routine tax audit from time to time. More serious tax investigations are likely if HM Revenue & Customs (HMRC) suspects your tax returns are inaccurate.Tax audits and...
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A guide to tax penalties
Tax penalties can be substantial if you fail to file tax returns and make tax payments on time. Tax penalties can also be incurred if you make careless errors, while deliberate tax evasion or fraud can...
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