http://www.solarinsurance.co.uk/ en-GB Thu, 23 Feb 2012 05:28:40 +0000 Thu, 23 Feb 2012 05:28:40 +0000 http://blogs.law.harvard.edu/tech/rss Inflatable Cookie tony@solarinsurance.co.uk webmaster@solar.decode.uk.com (Solar Insurance) 5 http://www.solarinsurance.co.uk/news/articles/view?slug=penalties-for-late-tax-returns-and-payments If you sent your tax return back late, or paid your tax late, you'll have to pay a penalty. If you think you had a reasonable excuse for being late, you should contact HM Revenue & Customs (HMRC). If you thought you didn't need to send a Self Assessment return this year, you should get in touch too. Mon, 20 Feb 2012 09:28:53 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=penalties-for-late-tax-returns-and-payments http://www.solarinsurance.co.uk/news/articles/view?slug=new-powers-to-tackle-paye-dodgers A new campaign will be launched by HM Revenue and Customs (HMRC) during the next year aimed at people who fail to make tax returns and who are liable to pay tax at the highest tax rates. Fri, 10 Feb 2012 13:43:57 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=new-powers-to-tackle-paye-dodgers http://www.solarinsurance.co.uk/news/articles/view?slug=hmrc-extends-its-tax-cheats-campaigns A new campaign will be launched by HM Revenue and Customs (HMRC) during the next year aimed at people who fail to make tax returns and who are liable to pay tax at the highest tax rates. Fri, 10 Feb 2012 13:36:54 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=hmrc-extends-its-tax-cheats-campaigns http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-8-feb-2012 Question. I’m currently in dispute with H M Revenue & Customs (HMRC) and my accountant is having problems in getting the Inspector dealing with the enquiry to understand my specific business and how it operates. I believe HMRC have recently launched a pilot scheme which allows a review of the case with a different officer and my accountant. Is this true and if so how does the review work and would I be bound by any outcome? Wed, 08 Feb 2012 09:55:42 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-8-feb-2012 http://www.solarinsurance.co.uk/news/articles/view?slug=record-number-of-returns-filed-on-time A record 9.45 million Self Assessment tax returns were filed on time this year, and a record 7.65 million (80.9 per cent of them were filed online, HM Revenue & Customs (HMRC) revealed today. Mon, 06 Feb 2012 13:19:01 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=record-number-of-returns-filed-on-time http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-7-feb-2012 Question. I currently own a property in Cornwall which I let out fully furnished to tourists throughout the year. A friend of mine, who also lets property not only in the UK but in France, has told me that changes to the way in which income from Furnished Holiday Lettings (FHL) are taxed is being introduced. Is this correct and, if so, what changes are being made and when do they come into force? Thu, 02 Feb 2012 10:47:30 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-7-feb-2012 http://www.solarinsurance.co.uk/news/articles/view?slug=hmrc-extend-self---assessment-deadline-to-the-2nd-february-2012 To make sure taxpayers are not disadvantaged if they cannot get through to HMRC's call centres on the 31st January, due to threatened industrial action by its staff, HMRC have announced that they will not impose any late filing penalties for taxpayers who file their self-assessment returns on the 1st or 2nd February. Mon, 30 Jan 2012 09:39:52 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=hmrc-extend-self---assessment-deadline-to-the-2nd-february-2012 http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-6-jan-2012 Question. Traditionally in previous years I have submitted my self assessment return to H M Revenue & Customs (HMRC) after the 31 January filing deadline making it a late return. The penalty of £100 in force wasn’t sufficient reason for me to ensure I met the deadline. I have been told that for the 2011 self-assessment return due to be filed with HMRC on or before 31 January I could face much higher penalties if I fail to submit it on time. Is this correct and what are the maximum penalties I could now face? Thu, 26 Jan 2012 09:39:15 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-6-jan-2012 http://www.solarinsurance.co.uk/news/articles/view?slug=april-vat-alert-for-businesses- HM Revenue & Customs (HMRC) has issued an alert to VAT-registered businesses across the UK about Important changes that come into effect this spring. From 1 April 2012, all VAT-registered businesses must send their VAT returns online and pay their VAT electronically. Currently, only newly-registered Mon, 23 Jan 2012 09:24:51 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=april-vat-alert-for-businesses- http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-5-jan-2012 Question – We have just bought a twin cab pick-up for the business. Will the VAT man allow the VAT incurred on the purchase to be reclaimed on the VAT return? Wed, 18 Jan 2012 10:38:24 +0000 http://www.solarinsurance.co.uk/news/articles/view?slug=tax-advice---questions-and-answers-no-5-jan-2012