It's 8:01pm on Wednesday 22nd February, 2012

The key issues affecting business sales (video)

Ian Waddingham, corporate finance manager (right) asks Moore and Smalley’s corporate finance director, Stephen Gregson, on issues affecting selling a business including how to get the best price.

Government offers olive branch on undisclosed income

Moore and Smalley tax partner David Bennett is urging people with undisclosed income to come clean in a new ‘amnesty’ introduced by the taxman. HM Revenue and Customs has introduced a tax disclosure initiative called the Plumbers Tax Safe Plan (PTSP) which will allow plumbing and heating professionals to report any undeclared tax to HMRC [...]

How will spending cuts affect the property sector?

The construction sector derives something like 40% of its turnover from public sector spending on construction projects. Therefore on the face of it there can be little doubt in anyone’s mind that cuts in government spending will have a detrimental impact on the industry. The total volume of construction output had declined by 11% throughout [...]

Taxman’s construction clampdown can be challenged

Contractors are being encouraged to challenge potentially “unfair” penalties imposed under stricter enforcement of tax rules for the construction industry. HM Revenue & Customs (HMRC) launched a consultation in 2009 on proposals to tackle what it saw as an abuse of the Construction Industry Scheme (CIS), a system that ensures construction firms and subcontractors pay [...]