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New penalty rules for late filing of self assessment tax returns

HM Revenue & Customs (HMRC) is reminding individuals and businesses about new Self Assessment  penalties for late returns and late payments, which came into effect in autumn 2011.  These changes will affect returns for 2010/11 and all future tax years. Read more.....

Budget 2011

Our budget summary covers the key changes announced in the Chancellors speech and includes tables of the main rates and allowances.   Read more.....

We recommend that you review your financial plans throughout the year, as some aspect of the Budget will not be implemented until later in the year.

We will of course be happy to discuss with you any of the points covered in this report and help you adept and reassess your plans in the light of any legislative changes.

Newsletters

Our latest newsletter covering topical tax, legal and business issues can now be downloaded by clicking here.