Latest news

HM Revenue & Customs (HMRC) announced today that they will be issuing 850,000 penalties for late tax returns over the next fortnight – 550,000 fewer than this time last year.

Special focus on tradespeople (electricians) and direct selling (e-marketplaces).

HM Revenue & Customs (HMRC) has abandoned plans to replace the P45 with a leaver statement.

HMRC has announced it will postpone the implementation of its business records checks programme.

Last year the Government introduced draft legislation for a new ‘Patent Box’ regime.

HMRC have confirmed that they have effectively extended the Self Assessment deadline until Thursday 2 February.

Chantrey Vellacott DFK has announced that it has merged its Thames Valley operation with the former Target office in Reading.

A new system of VAT recovery for Academy and Free Schools was included within the 2011 Finance Bill.  In a decision announced just prior to the budget in March 2011 the Government agreed that Academy Schools should be part of a refund scheme similar to that provided to Local Authorities under Section 33.

The charity teams at Chantrey Vellacott DFK’s three midlands offices have joined forces to form a dedicated Midlands Charity Team to support their 100 plus not-for-profit client organisations across the region.

The Chancellor announced a new investment scheme and changes to Capital Allowances Tax.