Estimating figures: The new normal for tax City Talk ICAS has sent in its response to HMRC’s consultation on Basis Period reform, but what does it all mean for professional partnerships, seasonal businesses and others brought within the changes? And is there a wider application to the corporate sector? Priming the sat nav with the correct address for the final destination is a useful precaution even [...]
Paying tax sooner – HMRC wants its money faster City Talk What are the challenges and advantages of paying tax closer to real-time? HMRC calls for evidence and ICAS responds. Nobody is likely to volunteer to pay tax sooner, unless it would earn interest at a competitive rate perhaps. But knowing what your tax liability is, and when you need to pay it, as close to [...]
