Johnson Murkett & Hurst

• AUTUMN STATEMENT
  On Tuesday 29 November the Office for Budget Responsibility (OBR) published its updated forecast for the UK economy. Chancellor George Osborne responded to that forecast in a statement to the House of Commons later on that day. The Chancellor emphasised that the OBR does not predict a recession in Britain but they have revised down their..........read more
• NEW HMRC TASKFORCES
  Five new taskforces have been set up to tackle tax evasion in different areas of the country. The new HMRC taskforces will target........read more
• VAT AND DUTY ON SHOPPING
  Angela Shephard, Head of Customs Policy, HMRC is warning individuals not to get caught out by ‘unexpected charges when you are shopping for Christmas bargains this year’. ‘If you are going abroad to do Christmas shopping, or buying goods online from non-EU countries, you need to know how much you can buy before you have to pay import duty or VAT'........read more
• PARTIES FOR EMPLOYEES
  With the season for office parties fast approaching we thought it would be a good idea to remind you of the tax implications. The good news is that, unlike entertaining customers, the costs of entertaining employees are generally allowable against the profits of the business............read more
• CONSULTATION - HAVE YOUR SAY
  The government has launched a consultation, ‘Modernising the administration of the personal tax system’. They would like to hear interested parties views on a number of issues regarding the personal tax system..........read more
• FIGHTING CUSTOMS AND EXCISE FRAUD AND TAX EVASION
  HMRC are asking for information to help them tackle Customs and Excise fraud and tax evasion. The HMRC guide explains ‘how you can help HMRC by either telling them about your suspicions, or give information that will help stop people committing fraud, bringing goods into the UK that they shouldn't or deliberately not paying tax’............read more
• UNEMPLOYMENT RISES TO 2.62 MILLION
  The CBI commented on official data showing unemployment rose by 129,000 to 2.62 million in the three months to September 2011, including a rise in youth unemployment to over a million...........read more
• EU VAT REGISTRATION LETTER SCAM
  HMRC are warning of a new scam letter which is being sent to businesses. The letter requests payment of a fixed fee by credit card and provides a website address to activate VAT registration............read more

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