Autumn Statement Update

Chancellor Philip Hammond delivered his 2016 Autumn Statement on 23 November and announced it will be the last of its kind.  There will be a Spring Budget in 2017 followed by a second Budget later in the year followed by annual winter Budgets. One of the reasons for this change is to allow Finance Bills to be introduced with sufficient…

HMRC Bad Debt Tax Investigation Reveals Previous Advisor At Fault and Results in Zero Tax Bill and NO Penalty for New Cooper Bradshaw Client

A recent investigation has astounded even hardened tax investigators at Cooper Bradshaw as to the incompetence of a new client’s former advisor.  The client was faced with an investigation by HMRC into his previous tax return for bad debts written off, together and a potential tax demand in excess of £6,000 and potential penalties amounted to around £1900. During the…