Latest News

New Worldwide Disclosure Facility launched by HM Revenue & Customs

HM Revenue & Customs (HMRC) has announced the creation of a new Worldwide Disclosure Facility (WDF) that will allow people to ensure their affairs are correct before the Common Reporting Standard (CRS) comes into force on in October 2018.

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More than a third of companies unaware of apprenticeship levy

New research from the British Chambers of Commerce (BCC) has revealed that more than one in three businesses have not heard of the apprenticeship levy.

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Accountants Lichfield

News - March

New taskforces planned to target tax cheats

HM Revenue & Customs (HMRC) is to launch 30 new taskforces to crack down on tax dodgers in 2012-13.

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'Avoid early release pension offers' warning

Consumers have been urged to steer clear of  offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach the age of 55.

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Penalties on way for late tax returns

Almost one million taxpayers will receive a penalty for filing their tax return late, but the figure has fallen substantially on last year.

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1bn boost for business growth

An extra £1 billion has been set aside by the government to help businesses to grow and create new jobs.

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New lenders join SME loan scheme

Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the government has announced.

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IHT relief on businesses 'safe'

Family business owners have been reassured that the government has no plans to remove a valuable inheritance tax relief.

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HMRC to rethink business record checks

HM Revenue & Customs (HMRC) has announced a fresh approach to its business records checks (BRC) programme in 2012, following a review of a pilot for the scheme.

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Red tape cuts 'saving businesses 4m'

A new government report says that British businesses will benefit from around £4 million in cuts in regulation between January and June 2012.

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Peter Hearne Associates Limited - Accountants in Lichfield
2 Parkside Court, Greenhough Road, Lichfield, Staffordshire, WS13 7FE.
Tel: 01543 250888 | Fax: 01543 250535 | Email:
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