H Armstrong & Associates Ltd

Chartered Accountants and Business Advisors

HMRC warns offshore tax dodgers

https://www.gov.uk/government/consultations/extension-of-offshore-time-limits Anyone with offshore assets is being warned to make sure they disclose them, or they could face new, tougher penalties. From: HM Revenue & Customs Time is running out forContinue readingHMRC warns offshore tax dodgers

Carillion inquiry: missed red flags, aggressive accounting and the pension deficit

Author: Alia Shoain In a series of meetings the joint parliamentary committee grilled Carillion directors, pension regulators and KPMG and Deloitte auditors on accounting methods, problem contracts, and oversights. ThisContinue readingCarillion inquiry: missed red flags, aggressive accounting and the pension deficit

Do company directors have to file a tax return?

Another tax tribunal has slammed HMRC for insisting that there is a statutory requirement for a director to submit a self assessment tax return. Does a director have to submitContinue readingDo company directors have to file a tax return?

International Consortium of Investigative Journalists

International Consortium of Investigative Journalists A total of more than 85,000 entities and more than 110,000 officers from the Paradise Papers will be added to the Offshore Leaks Database on Wednesday, February 14. WithContinue readingInternational Consortium of Investigative Journalists

Ulster Bank, Global Restructuring Group & West Register: How we can help?

Some eight years on from the financial crisis of 2008, many people would think that the crisis is now over. For some individuals and company’s alike the nightmare continues daily.Continue readingUlster Bank, Global Restructuring Group & West Register: How we can help?

Contractural disclosure facility

Contractural disclosure facility https://www.gov.uk/guidance/admitting-tax-fraud-the-contractual-disclosure-facility-cdf HMRC Guidance hmrc-code-of-practice-9 hmrc-code-of-practice-8

HMRC – Let property campaign

Let property campaign: your guide to making a disclosure  HM Revenue and Customs (HMRC) believes that its customers want to pay the right amount of tax and so wants toContinue readingHMRC – Let property campaign

New Leak of Offshore Files from the Bahamas

A cache of leaked documents provides names of politicians and others linked to more than 175,000 Bahamian companies registered between 1990 and 2016. The International Consortium of Investigative Journalists haveContinue readingNew Leak of Offshore Files from the Bahamas

Worldwide disclosure facility

HMRC have recently opened a Worldwide Disclosure Facility which allows taxpayers to make a full disclosure to HMRC without the fear of prosecution and publication of their disclosure settlement toContinue readingWorldwide disclosure facility

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