Jordans Limited company formation news

Small firms face VAT crackdown

Thu, 02 Feb 2012 14:05:29 +0000

Firms with taxable turnover over £73,000 will be fined by the taxman if they do not sign up for VAT, an accountant has claimed.

Anti-bribery standards 'vary'

Tue, 31 Jan 2012 18:34:12 +0000

Many asset managers have yet to conform to common anti-bribery standards, according to Ernst & Young.

Bribery Act 'applies to Jersey businesses'

Mon, 30 Jan 2012 11:39:16 +0000

Parts of the Bribery Act apply to Jersey businesses, the Jersey Financial Services Commission has said.

HMRC extends self-assessment tax deadline

Fri, 27 Jan 2012 16:40:06 +0000

A spot of good news for those who haven't yet filed their self-assessment tax return – HM Revenue & Customs (HMRC) has announced what amounts a two-day extension to the deadline.

Concern grows over business rates

Thu, 26 Jan 2012 16:53:16 +0000

The British Property Federation is the latest in a growing list of voices calling on the government to cap the annual business rates increase at two per cent to help struggling firms.

Strikes to affect self-assessment tax deadline

Thu, 26 Jan 2012 15:35:15 +0000

A series of strikes by tax staff on January 31st – deadline for self-assessors – is set to disrupt the end of the application window.

Has the Business Software Alliance breached the Bribery Act?

Thu, 26 Jan 2012 15:33:55 +0000

An anti-piracy body has become embroiled in a row over the Bribery Act.

HMRC to pull paper VAT returns from April

Wed, 25 Jan 2012 15:19:31 +0000

All VAT-registered businesses will be required to submit their VAT returns online from April 2012, HM Revenue & Customs (HMRC) has announced.

Accounting software benefits 'immediate'

Thu, 19 Jan 2012 17:03:10 +0000

Companies looking to improve the way they deal with their tax and accounting have been urged to think about automating it.

HMRC clamps down on tax fraud

Thu, 12 Jan 2012 16:39:42 +0000

The most serious tax offenders could face prison under a new facility launched by HM Revenue & Customs as part of its ongoing efforts to control serious fraud.

HMRC to trial new tax dispute service

Wed, 11 Jan 2012 16:26:44 +0000

HM Revenue & Customs (HMRC) is to trial a new way of resolving tax disputes between itself and small firms.

Online retailers urged to act now on cookie compliance

Tue, 10 Jan 2012 16:08:05 +0000

Online retailers need to start putting plans in place now to ensure they conform to new laws on cookies, it has been claimed.

Taxpayers urged to watch out for tax phishing scam

Tue, 10 Jan 2012 16:07:20 +0000

Taxpayers are being warned not to fall victim to fake rebate emails from fraudsters sent out as the deadline for self assessment looms.

PwC fined �1.4m for audit failings

Fri, 06 Jan 2012 17:20:45 +0000

PricewaterhouseCoopers, the 'big four' accountancy firm, has been fined £1.4 million by the Accountancy and Actuarial Discipline Board (AADB) over its conduct when auditing the accounts of the bank JP Morgan.

HMRC issues warning on tax returns

Fri, 06 Jan 2012 17:01:38 +0000

HM Revenue & Customs (HMRC) has a new year message: get your tax return in on time – and online – or pay £100.

David Cameron and Nick Clegg pledge to get tough on tax avoidance

Thu, 05 Jan 2012 17:10:31 +0000

David Cameron and Nick Clegg have stressed they want to do more to stop tax avoidance by big companies.

HMRC to review record checks programme

Tue, 03 Jan 2012 15:30:55 +0000

HM Revenue & Customs (HMRC) is to look again at its small firm compliance initiative, Business Record Checks, following criticism from MPs and business.

Deutsche Telekom makes $95m bribery settlement

Fri, 30 Dec 2011 15:39:32 +0000

German phone firm Deutsche Telekom and its Hungarian arm Magyar Telekom have agreed to pay more than $95 (£62m) to settle US charges that they bribed government officials in Macedonia and Montenegro.

BBA publishes guidance on Bribery Act

Fri, 30 Dec 2011 15:38:28 +0000

The British Bankers' Association (BBA) has published guidance to aid financial services firms in their response to the Bribery Act.

VAT crackdown on Scottish restaurants

Thu, 29 Dec 2011 12:39:34 +0000

HM Revenue & Customs (HMRC) is to launch a VAT crackdown on restaurants and fast-food outlets in Scotland in the new year.

Renaissance for AIM in 2012

Fri, 23 Dec 2011 16:28:11 +0000

The number of companies listed on the AIM market is set to increase next year for the first time since 2007, according to research.

Plans to scale-back cheques spells bad news for small firms, MP warns

Wed, 21 Dec 2011 16:00:32 +0000

Reducing the use and availability of cheques will impact upon small businesses, Conservative MP Andrew Tyrie has said.

Small firms could be hit by tax raid

Tue, 20 Dec 2011 16:34:08 +0000

More than 300,000 family-owned small firms could be hit by a tax raid under government proposals, it has been reported.

Overseas expansion to fuel 2012 M&A activity

Mon, 19 Dec 2011 15:57:53 +0000

M&A activity is set to rise in 2012 as UK companies increasingly target overseas acquisitions, according to new research.

Cookie compliance? Must try harder, says ICO

Thu, 15 Dec 2011 16:42:53 +0000

Website owners "must try harder" in working out how to comply with new rules on online privacy, the Information Commissioner's Office (ICO) has said.