Posts Tagged ‘DSH Chartered Accountants’

Act now to protect your pension pot, DSH warns

Pension holders may need to act swiftly to protect their savings before new Government legislation comes into force, DSH Chartered Accountants & Business Advisors has warned. From April 6, changes in the law mean the lifetime allowance for pension savings reduces from £1.5 million to £1.25 million. Tax charges are paid on any excess over […]

HMRC sets its sights on offshore trusts

As part of HM Revenue and Customs monthly campaigns to tackle tax evasion, offshore trusts will come under increased scrutiny, warns DSH Chartered Accountants & Business Advisors. The campaign follows recent agreements with Jersey, Guernsey and the Isle of Man to share tax information with the UK authorities, and Bermuda and other British overseas territories […]

HMRC Homes in on Second Property Sales

HM Revenue & Customs has set its sights on undeclared profits made from the sale of second homes, warns DSH Chartered Accountants & Business Advisors. The property sales clampdown is aimed at anyone who has sold second or additional residential properties in the UK or abroad where capital gains tax should be paid on any […]

HMRC Launches Defaulters Drive

Persistent tax defaulters are being targeted by Her Majesty’s Revenue & Customs (HMRC) and may face criminal sanctions if they fail to mend their ways, warns DSH Chartered Accountants & Business Advisors. Under the Managing Serious Defaulters initiative, HMRC will closely monitor the tax affairs of individuals who have deliberately evaded tax in the preceding […]

DSH Makes Tax-Saving Suggestion to Businesses

DSH Chartered Accountants & Business Advisors has a good idea for Kent business owners and managers – reward staff and save tax and National Insurance at the same time by implementing a Staff Suggestion Scheme. A Staff Suggestion Scheme allows businesses to reward their employees financially for making suggestions to improve the business and these […]

DSH Offers Tax Clampdown Assistance

HM Revenue & Customs is clamping down on contractors in its latest revenue-raising tax drive, warns DSH Chartered Accountants and Business Advisors’ services. The IR35 tax legislation campaign will target those workers who provide their services to clients through a limited company – a ‘personal service company’ – such as IT technicians and engineers. Companies […]

HMRC Rules Phones are Phones

Businesses could be in line for tax repayments after HM Revenue & Customs finally decided to call a phone a phone. The Revenue ruling sees smartphones such as iphones and Blackberrys now categorised as ‘mobile phones’ rather than ‘personal digital assistants’ as they were previously listed. DSH Chartered Accountants and Business Advisors said the smartphone […]

Online VAT move may affect small businesses

Traditional small businesses could be hardest hit by a move to make online VAT filing mandatory, local accountants are warning. HM Revenue & Customs (HMRC) is considering proposals to set up an online Registration Wizard as part of its ‘Digital by Default’ strategy to streamline tax administration. A Government consultation document outlines plans to make […]