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Shout99 - Freelancers, FO35, Section 660
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Shout99 - Freelancers, FO35, Section 660
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Newsletter 434: Taxman gets tough amid concerns at proposed new powers
by Newsletter Editor at 10:15 23/05/14 ( Shout99 Newsletter)
In Shout99:.....Separate reports show the taxman is getting tough - as the use of bailiffs doubles in two years and the number of investigations double, with particular emphasis on the self-employed, where the reported increase is four-fold. There is also evidence that there is also a question mark over VAT penalties where half are found to be incorrect.
And all this adds to the concerns of many, including the accountancy profession and the influential Treasury Committee, that there are insufficient safeguards to give HMRC the proposed powers to take monies owed directly from individual's bank accounts.


Taxman gets tough - particularly with self-employed

HMRC use of bailiffs doubles in two years

Half of VAT fines against businesses are wrong

Accountants join criticism of HMRC's proposed new powers

MPs raise concerns about HMRC's proposed debt recovery powers

HMRC debt proposals contain insufficient safeguards

Shout99 - the free news site for freelancers, contractors and small firms.

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Also in Shout99
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Latest jump in self-employment

Relaxation of 'fraudulent documents' defence

Digital by default' drives rise in public sector IT consultants

Call to change the new false self employment tests

HMRC relaxes mandatory filing of VAT returns online

Ukraine crisis has limited impact on oil and gas contractors

Security more attractive than higher rates

Top tips for balancing the freelancer budget

Local and Euro elections provide opportunity to support freelancers

Top tips on tackling late payment

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Letters from Freelancers opens up discussions on a number of subjects of interest to freelancers, including what to do about lost RTI data.


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Please forward this newsletter to any other freelancer or small businesses who may be interested in news and information related to running a small business. You can subscribe to receive your own free copy of this newsletter on the home page of Shout99.

Susie Hughes, Editor
Newsletter 434
Shout99 - the network for freelancers
www.shout99.com

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