A Fresh Start for Businesses: MS Taxes Rings in the New Year with Protection from HMRC Hassles!
A Fresh Start for Businesses: MS Taxes Rings in the New Year with Protection from HMRC Hassles! Introduction: As the New Year approaches and businesses gear up for fresh beginnings, the looming specter of HMRC investigations can cast a shadow on the excitement. However, fear not! MS Taxes steps in like the guiding star of […]
Stay Prepared and Worry-Free: Navigating Tax Investigations with MS Taxes
Stay Prepared and Worry-Free: Navigating Tax Investigations with MS Taxes Every #business owner hopes to avoid the dreaded knock on the door from the taxman, but the reality is that #tax_investigations can happen to anyone. When #HMRC initiates an investigation into your business, it’s crucial to be well-prepared. The potential avalanche of paperwork and requests […]
Navigating HMRC Tax Investigations: How We Can Help You
Navigating HMRC Tax Investigations: How We Can Help You Individuals and companies in the UK may come under HM Revenue and Customs (HMRC) scrutiny due to the constantly changing landscape of tax legislation and compliance. Tax investigations can be difficult and complicated, and may range from standard checks to in-depth enquiries. Our knowledgeable tax advisory […]
Burnley boss banned for £111k tax fraud
Burnley boss banned for £111k tax fraud The director of a construction company has been given a 10-year ban after fraudulently claiming a £111,527 Construction Industry Scheme (CIS) payment from HMRC Penka Vasileva ran Penka Services Ltd, a Burnley based residential construction company, which was set up in July 2019. Immediately after establishing the business, […]
Covid-19 bank loan fraud up a third to £1.65bn
Covid-19 bank loan fraud up a third to £1.65bn UK taxpayers have been forced to cover a larger bill for Covid-19 loan schemes after the number of pandemic business loans flagged for fraud jumped by 43% Over £1.65bn worth of loans have been flagged as open to potential fraud at the end of June, revealed […]
One Fifth Of Workers Left In Limbo With CEST Failure
One Fifth Of Workers Left In Limbo With CEST Failure Since 1999, HMRC have been fighting an increasingly difficult battle against contractors and the way in which they are employed. The argument concerns directors who take on contracts through their limited company rather than as an employee. Directors would have clients pay the fees for the contract […]
Liquidation turned Investigation – Companies Caught Out Whilst Closing…
Liquidation turned Investigation – Companies Caught Out Whilst Closing… Setting up a limited company is a relatively easy process; it can be done within a couple of hours and not too much hassle. Closing one down on the other hand? That’s a bit trickier… Liquidation is the process of bringing a business to an end and distributing its […]
Ex-HMRC employee jailed for £240k fraud
Ex-HMRC employee jailed for £240k fraud A former employee at HMRC has been handed two years in prison after she fabricated child credit claims to steal almost £240,000. Tracy Ashbridge, from Sunderland, made fraudulent tax claims and changed other claimants’ applications for more than 18 children. According to investigators, had all of her attempts over […]