Latest News

January 2015

HMRC clamps down on horsebox owners

Banks & Co is warning horsebox owners that they are set to be the subject of an HM Revenue & Customs (HMRC) investigation, as it continues its clampdown on tax evasion.

SMEs need to be prepared for 2015

Banks & Co is advising SMEs to keep an eye out for sudden changes to the economic climate next year that could potentially damage their trading figures.

Many happy returns on Christmas Day

Almost 2,000 people filed online tax returns on Christmas Day, according to new HM Revenue & Customs (HMRC) figures.

Solicitors targeted in new tax crackdown

HM Revenue & Customs (HMRC) is targeting solicitors with a new tax-gathering campaign.

HMRC offers new online payment option

HM Revenue & Customs (HMRC) has introduced a new online payment service for customers paying self assessment or VAT tax bills by debit card.

Support scheme creates 60,000 new bosses

Hundreds of people became their own boss every week over the last year after receiving support from a government scheme.

Accelerated payment notices score 99% success rate

HM Revenue & Customs (HMRC) says it has secured almost all the disputed tax due from the first group of tax avoidance scheme users to receive accelerated payment notices.

Tax experts back change on digital firms

Tax experts have welcomed a government move that will prevent thousands of small businesses needing to register for European VAT from having to charge customers UK VAT, provided their relevant turnover remains below the £81,000 threshold.

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Accountants Newbury, Berkshire

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Autumn Statement 2014