If a tax return contains an obvious error (e.g. an arithmetical mistake) or omission, HMRC may amend the return to correct it, within statutory time limits (e.g. see TMA 1970, s 9ZB (individuals) or s 12ABB (partnerships)). However, in practice,…
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Charities missing out on £600m extra funding
People giving to charity are being encouraged by the government to declare Gift Aid on their donations, and boost the money that reaches their charity of choice at no extra cost. The call comes after research showed that charities are…
How will new insolvency rules affect creditors?
Debbie Cockerton explains what impact the new Insolvency Rules 2016 will have Out with the old Insolvency Rules 1986 and in with the new Insolvency Rules 2016. The new rules have now been in effect since 6 April 2017…