The Tax Man Cometh

HM Revenue & Customs (HMRC) announced this week that people who have become insolvent to dodge their companies’ tax obligations or have received a civil evasion penalty for dishonestly evading VAT can expect a knock on the door from the tax man any time over the next five years. Continue reading

Posted in Tax

Spending Cuts Expected in Budget

Amid much speculation over what Chancellor George Osborne will announce further later today (March 20th) in his Budget, a Cabinet meeting yesterday (March 19th) confirmed that there will be spending cuts to most Government departments, with the savings to be spent on large infrastructure projects in a bid to boost economic growth. Continue reading