According to recent newspaper reports, businesses have ended up missing their tax payment deadlines due to the HMRC changing its bank details for payments from overseas. The missed deadlines will have resulted in penalty notices being issued as well as payments bouncing. The issue is affecting businesses that were due to make payments from February…
According to the FT this month thousands of business owners may end up seeing liquidation as a better option than seeing their tax bills triple after a tightening of rules set to be introduced this year. The article explains how new rules on dividend taxation could expose firms to rates as high as 38.1% when…
Cash machine installer CTS has been bought out of administration in a deal which will secure 57 roles. Rotherham-based CTS has been bought by New Wave ATM Installations, a Leeds-based subsidiary of cash machine operator Bank Machine. CTS was launched in 1996 and had fought with its cost base before being hit by a winding…
