Posts Tagged ‘tax’

Professionals are being targeted in a new campaign to tackle tax evasion, warns Maidstone-based DSH Chartered Accountants & Business Advisors. HM Revenue & Customs’ (HMRC) ‘Professionals Campaign’ was launched with the announcement that the medical profession would be the first to go under the microscope with doctors, dentists, hospital...  Read more

The taxman is set to be more hard-nosed about raising revenue this year, according to a Kent expert. Sue Hidson, Kent tax manager at accountants and business advisers Horwath Clark Whitehill, says that with soaring public expenditure and a sharp fall in collection, HM Revenue and Customs (HMRC) will be under pressure to increase the tax take to help...  Read more

Those of you that have been waiting for an update on the first time homebuyer tax credit, and a possible extension, may be happy to hear that this is all but certain now. Congress has been called on by the Obama administration to give homebuyers more to time to claim this tax credit.  Read more  [Read more...]

With the Government looking for ways to replenish its coffers, it is to impose a new upper tax band for high earners, who although may be distracted by the current economic downturn, are advised to consider now ways to mitigate the effects of the new 45 per cent rate, according to leading Kent accountancy firm Horwath Clark Whitehill (HCW)  Read...  Read more

People who failed to meet the 31 January deadline for payment of outstanding tax face escalating penalties if they do not settle up as soon as possible. Steve Carpenter, Tax Manager at Maidstone-based DSH Chartered Accountants and Business Advisors, said: “If, for whatever reason, you haven’t managed to file your return or make your self-assessment...  Read more

Leading Kent accountancy firm Horwath Clark Whitehill (HCW) has strengthened its tax team with the appointment of Sue Hidson. Sue, 44, joins the Maidstone office of HCW from Kent-based Dendy Neville having previously worked for three of the Big Four accountancy firms in the UK – PricewaterhouseCoopers, KPMG and Ernst & Young. She has also...  Read more

Some 40 million individuals under the age of 65 will see their tax code change this month with basic rate taxpayers becoming £120 better off a year. With the basic personal allowance for 2008/09 increasing by £600 to £6,035 and the basic rate tax band reducing to £34,800, those earning up  Read more  [Read more...]