It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment deadline on the 31st January. Read more…
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed. Read more…
#CumbriaDay is just around the corner, where we get together to celebrate what it means to be Cumbrian. With good food and good people, here at Lamont Pridmore we’ll be taking advantage of everything Cumbria has to offer this 23 January. Read more…
Accounting experts have accused HMRC of shifting the “tax burden” onto UK consumers after finding that 21 per cent of their total income is accounted for by VAT. Read more…
As the end of the tax year quickly approaches many taxpayers may be unsure of how they can reduce their liabilities and make more of the money they earn. Two very simple areas
The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing VAT evasion. Read more…
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned self-employed workers not to leave their tax return “to the last minute”. Read more…
Job roles in the hospitality industry saw a massive rise over the course of 2018. The average pay advertised for roles went up by 7.1 per cent as well as the number of roles advertised within the industry growing by 19 per cent. Read more…
A newly proposed traffic light system could be used to put a spotlight on businesses with track records of late payments. Read more…
For the sixth year in a row, sales have fallen on Britain’s high streets in December. Read more…