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McGills – Chartered Accountants

Reported fraud jumps 31.5 per cent in spate of high-value cases. The total value of reported fraud in 2016 grew by 31.5 per cent to 2 billion, a new study has revealed. (more…). HMRC ‘supercomputer’ to gather new information about taxpayers. HM Revenue and Customs (HMRC) will use a newly-developed ‘supercomputer’ to gather additional data about taxpayers and identify those who may not be correctly declaring their income, according to reports. Anonymised Visa and MasterCard payments, DVLA records, social ...

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McGills – Chartered Accountants | blog.mcgills.co.uk Reviews

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Reported fraud jumps 31.5 per cent in spate of high-value cases. The total value of reported fraud in 2016 grew by 31.5 per cent to 2 billion, a new study has revealed. (more…). HMRC ‘supercomputer’ to gather new information about taxpayers. HM Revenue and Customs (HMRC) will use a newly-developed ‘supercomputer’ to gather additional data about taxpayers and identify those who may not be correctly declaring their income, according to reports. Anonymised Visa and MasterCard payments, DVLA records, social ...

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McGills – Chartered Accountants | blog.mcgills.co.uk Reviews

https://blog.mcgills.co.uk

Reported fraud jumps 31.5 per cent in spate of high-value cases. The total value of reported fraud in 2016 grew by 31.5 per cent to 2 billion, a new study has revealed. (more…). HMRC ‘supercomputer’ to gather new information about taxpayers. HM Revenue and Customs (HMRC) will use a newly-developed ‘supercomputer’ to gather additional data about taxpayers and identify those who may not be correctly declaring their income, according to reports. Anonymised Visa and MasterCard payments, DVLA records, social ...

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blog.mcgills.co.uk

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November 2016 – McGills

http://blog.mcgills.co.uk/2016/11

Lack of sleep costing UK economy up to 40 billion a year. Sleep deprived workers are costing the UK economy nearly 40 billion a year, a report has revealed. (more…). HMRC will be first Government department to crack down on ‘phishing scams’. Economic growth robust in third quarter, says ONS data. Self-employment on the rise, new figures show. Latest figures have revealed the growing popularity of self-employment among UK workers. (more…). BoE to restore deposit protection limit to 85,000. Government plan...

2

November 2015 – McGills

http://blog.mcgills.co.uk/2015/11

Financial regulators issue fines worth 2.45bn for misconduct. Companies who are found guilty of financial misconduct are being served with more fines than ever before, with a 271 per cent increase in penalties over the last 24 months. (more…). HMRC sends out tough message on overseas wealth. New systems will make it almost impossible to hide money in other countries, officials from HM Revenue and Customs (HMRC) have said. (more…). The Autumn Statement 2015. In his opening statement, the Chancellor told M...

3

January 2016 – McGills

http://blog.mcgills.co.uk/2016/01

EU calls for closer co-operation to tackle tax avoidance. The European Commission has signalled it is ready to step up efforts to tackle tax avoidance. (more…). TaxPayers’ Alliance calls for radical simplification of laws in light of Google scandal. Following the recent controversy over Google’s 130m tax back-payment to HM Revenue and Customs (HMRC), the TaxPayers’ Alliance (TPA) has called for a “radical simplification” of Britain’s tax laws. (more…). Warning over north/south divide in SME confidence.

4

February 2016 – McGills

http://blog.mcgills.co.uk/2016/02

Businesses warned to pay VAT on time or face hefty fines. Experts are urging businesses to pay their VAT on time following a ruling at a recent tax tribunal, which ruled that a six-figure fine for missing a VAT payment by just one day was ‘proportionate’ for a struggling London firm. (more…). Senior Tories at odds over implications of Brexit. The Chancellor of the Exchequer has warned that there could be a profound shock to the UK economy if voters back leaving the EU this summer. (more…). McGills Charte...

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McGills – Page 2 – Chartered Accountants

http://blog.mcgills.co.uk/page/2

Industrial strategy will not work long-term, say MPs. The Government’s long-term industrial strategy will not work, MPs have warned. (more…). ICAEW calls on Chancellor to ‘improve productivity’ in forthcoming Budget. In a formal letter addressed to Chancellor Philip Hammond ahead of his Budget announcements on 8 March, The Institute of Chartered Accountants in England and Wales (ICAEW) is calling for changes to a number of upcoming reforms. Of forthcoming reforms such as MTD, it adds: Concerns over the t...

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blog.mcgills.co.uk

McGills – Chartered Accountants

Reported fraud jumps 31.5 per cent in spate of high-value cases. The total value of reported fraud in 2016 grew by 31.5 per cent to 2 billion, a new study has revealed. (more…). HMRC ‘supercomputer’ to gather new information about taxpayers. HM Revenue and Customs (HMRC) will use a newly-developed ‘supercomputer’ to gather additional data about taxpayers and identify those who may not be correctly declaring their income, according to reports. Anonymised Visa and MasterCard payments, DVLA records, social ...

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