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TAX INVESTIGATION

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Prior to the introduction of self-assessment tax returns, just 1% of all returns were audited; with the introduction of self-assessment, this number will now be around 10%. It is highly likely that the number will be far higher if the HMRC is given more financial aid. What this means to the taxpayer, including anyone who […]

Contractor Tax Avoidance

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It is no secret to the HMRC that contractors and freelancers have been using tax avoidance schemes to save money. Some tax avoidance schemes offer 85% take home pay. While this may seem appealing, a lot of tax avoidance schemes are highly risky and could lead to prosecution or fines. Trusted tax accountants in central London and […]