http://www.wilson-nesbitt.com/articles/ Wilson Nesbitt Solicitors - Self Assessment News RSS feed en-gb email@wilson-nesbitt.co.uk info@flamegreen.com 30 http://www.wilson-nesbitt.com/articles/768/16052008/simplification_in_tax_forms_needed.html A report has claimed that self-return tax forms are too complicated and should be made simpler to complete.The Committee of Public Accounts has found that forms produced by HM Revenue and Customs are not simple enough to fill in.Conservative MP Edward Leigh, chairman of the committee, said that... Fri, 16 May 2008 14:00:00 BST http://www.wilson-nesbitt.com/articles/761/14052008/tax_break_leaves_no_room_for_manoeuvre.html The chancellor's £600 increase in the basic tax allowance to £6,035 leaves the government no "room for manoeuvre", the Institute for Fiscal Studies (IFS) has claimed.IFS's director Robert Chote told BBC Two's Newsnight programme that this... Wed, 14 May 2008 13:37:00 BST http://www.wilson-nesbitt.com/articles/757/12052008/consumers_seeking_more_financial_advice.html The credit crunch has increased the number of people looking for financial advice, according to Unbiased.co.uk. Figures released by the independent website show that the number of people asking for advice on investments rose by 33 per cent.The same survey also revealed that the volume of people... Mon, 12 May 2008 13:54:00 BST http://www.wilson-nesbitt.com/articles/649/05032008/newspaper_seller_embroiled_in_tax_case.html A man who organised a newspaper selling group in Belfast, Northern Ireland, has had to contact his solicitors after being investigated for tax issues.Not only that, but 28 Romanians who were employed by the man to sell the publications on the streets of Belfast have also had to find solicitors in... Wed, 5 Mar 2008 12:45:00 GMT http://www.wilson-nesbitt.com/articles/564/15012008/hmrc_warns_of_tax_deadline.html Businesses in Belfast and Northern Ireland that are struggling with their tax returns might want to contact their solicitors for help as the January 31st self assessment filing deadline is looming.While solicitors can help firms in Belfast and the rest of Northern Ireland to complete the tricky... Tue, 15 Jan 2008 10:30:00 GMT http://www.wilson-nesbitt.com/articles/557/11012008/government_to_produce_taxpayers_charter.html After solicitors in Belfast and Northern Ireland have seen many clients complaining that they don't understand their tax obligations and tax forms, the government has announced a new Taxpayers' Charter will be published. HM Revenue & Customs (HMRC) has announced the launch of a... Fri, 11 Jan 2008 12:30:00 GMT http://www.wilson-nesbitt.com/articles/513/17122007/tax_report_due_today.html Solicitors in Belfast and Northern Ireland will be paying close attention to the release of the Varney Report today, which is set to detail the tax measures available to government to bolster Northern Ireland's economy.Sir David Varney, the chairman of HM Revenue and Customs (HMRC), will... Mon, 17 Dec 2007 13:00:00 GMT http://www.wilson-nesbitt.com/articles/494/05122007/half_of_firms_miss_tax_deadlines.html Solicitors in Northern Ireland will have to ensure that clients adhere to tax deadlines, after a report by the Public Accounts Committee (Pac) revealed that only 60 per cent of firms pay their capital gains tax on time.Not only that, but Northern Ireland solicitors will also have to ensure that... Wed, 5 Dec 2007 15:00:00 GMT http://www.wilson-nesbitt.com/articles/315/10082007/100000_offshore_tax_accounts_targeted.html HM Revenue & Customs (HMRC) is going to investigate a minimum of 100,000 people in Britain and Northern Ireland who have not disclosed off-shore bank accounts.HMRC had given every taxpayer the chance to disclose their offshore accounts with impunity up until June 22nd this year, but more... Fri, 10 Aug 2007 13:15:00 BST http://www.wilson-nesbitt.com/articles/294/30072007/accountants_face_greater_regulation.html Accountancy services in Britain and Northern Ireland will face greater regulation from December 15th 2007.Companies offering accountancy, tax, audit and insolvency services will be forced to undergo monitoring for compliance by an independent professional body or by HM Revenue & Customs,... Mon, 30 Jul 2007 09:15:00 BST http://www.wilson-nesbitt.com/articles/288/23072007/business_non-compliance_could_be_taxing.html Businesses in Britain and Northern Ireland could lose millions and face tax investigations if they do not comply with new Managed Service Companies (MSCs) legislation, Global Compliance Limited warns.With the new laws due for Royal Assent in the UK Parliament this August, every payment received... Mon, 23 Jul 2007 18:45:46 BST http://www.wilson-nesbitt.com/articles/220/03072007/professor_joins_corporation_tax_cut_battle.html Professor Richard Barnett, vice chancellor of the University of Ulster, has spoken up in favour of slashing corporation tax in Northern Ireland. Speaking at a graduation ceremony at the university, Professor Barnett said that corporation tax in Northern Ireland should be reduced to the same level... Tue, 3 Jul 2007 12:30:00 BST http://www.wilson-nesbitt.com/articles/215/28062007/hmrc_consults_on_tax_payments.html HM Customs and Revenue (HMRC) has launched a consultation on improving tax payment options and managing debt.Payments, Repayments and Debt: The Developing Programme Of Work is the title of the new consultation paper, which seeks comments on various proposals to make it easier for taxpayers to pay... Thu, 28 Jun 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/165/29052007/ni_workers_most_taxed_in_uk.html The level of tax that workers in Northern Ireland pay is the highest in the whole of the UK, according to the Adam Smith Institute.People in the province pay more than 40 per cent of the value of their wage packet to the taxman, through income deductions, VAT and other taxes. UUP finance... Tue, 29 May 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/150/21052007/fishermen_haul_tax_help.html Share fishermen across Britain and Northern Ireland are being offered the chance to join a tailor-made scheme to help them with self-assessment.After a survey from HM Revenue & Customs (HMRC) showed that share fishermen rarely save for tax and national insurance, the Share Fisherman... Mon, 21 May 2007 15:35:00 BST http://www.wilson-nesbitt.com/articles/121/11052007/self-assessment_tax_is_taxing.html According to recent research, a third of taxpayers in Britain and Northern Ireland found self-assessment (SA) forms were difficult to understand and therefore complete.The Chartered Institute of Taxation (CIOT) revealed that 89 per cent of taxpayers would gladly welcome changes to the tax system... Fri, 11 May 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/90/20042007/%C2%A3150_offered_for_filing_online_returns.html HM Revenue & Customs (HMRC) has offered small businesses in Northern Ireland an incentive of a £150 tax-free lump sum to file their 2006-07 Employer Annual Returns online.Small businesses which use the services of payroll bureaus or solicitors to submit a return on their behalf... Fri, 20 Apr 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/85/18042007/offshore_accounts_due_tax_probe.html The Chartered Institute of Taxation (CIOT) has announced its support for new procedures to enhance clarity within the area of undisclosed income.HM Revenue & Customs (HMRC) has targeted offshore bank accounts in particular, with a new tax administration initiative, which effectively... Wed, 18 Apr 2007 14:30:00 BST http://www.wilson-nesbitt.com/articles/46/16032007/uk_taxes_set_for_scrutiny.html Closer scrutiny of UK taxpayers looks set to be introduced this year, in a move designed to crackdown on non-domiciled claims.HM Revenue and Customs (HMRC) is planning to toughen up its approach to taxpayers who live in the UK but deny it is their main country of residence, by adding new... Fri, 16 Mar 2007 15:00:00 GMT