HMRC have announced that they are setting up 22 new style “Task Forces” specialising in specific sectors that they feel require “looking into”.

The first has been announced and it is Restaurant and cafes. They are starting their investgations in London and the South East moving around the country throught the year. I doubt Hornchurch will be exempt.

The other 21 task forces have yet to be announced.

If you are concerned about this and are worried that maybe you records and systems may not stand up to close scrutiny then why not get in touch  on 01708-437917 and ask for Tony.

HMRC have announced massive increases in late filing penalties which will hit all Hornchurch businesses and self-employed people if they

file their 2010/11 Tax Returns late. In the past if you filed 3 months late the fine was £100 or the tax that was due whichever was the lower.

Now the fine will be £900 even if you have no tax to pay. There are also significant increases in the interest charged for late payment of your tax.

At AJM we can help you keep up to date which would mean you would never be late in making a Return. Give us a call on 01708-473917 ask for Tony

and see how we can help.

HMRC are targeting 500,000 small business a year starting from the second half of this year for bookeeping checks.

They are not doing this to help anyone least of all the business.

There will of course be fines for any business that they decide fail to keep proper records.

This fines can be as much as £3,000.

So don’t be caught out, make sure you keep proper records and if doubt get in touch

at AJM we can set up a system for you whether on paper or computerised.

All new clients are entitled to a 10% discount on production of a Havering Card.

So when contacting us to take advantage of our free initial meeting don’t forget to

mention that you are a Havering Card holder.

HMRC have now taken to sending out letters demanding payments without A) specifying what payment is due B) without an address to respond to and C) without a telephone number.

This is NOT a mistake. HMRC have decided to deliberately exclude contact details. Yes there is a note of a link to website to elicit ‘phone numbers for call centres who have no knowledge of the letter whatsoever.

Is this the correct way to deal with the taxpayer? I personally think not and whosoever thought this wheeze up should be ashamed.

Fed up with the cost of conventional bookeeping packages?

Fed up with the never ending annual upgrade costs for no worthwhile upgrade?

Want a package that your accountant can amend or check on a real time basis?

Want a simple to use, yet comprehensive package for a simple monthly cost?

At AJM we have the solution which uses the power of the Internet, give us a call to find out more.

Starting a new business is on lots of people’s minds as many people find themselves without a job. Starting a new business venture can be rewarding but is hard work and people new to business need a lot of hand holding to get through.

We have helped countless new businesses in Hornchurch and we know what is need to succeed so why not get in touch on 01708-437917 for a FREE consultation.

The fear of tax investigations is increasing as HMRC respond to Coalition calls to maximise the tax revenues. We have all heard the news that in these times of cuts and job losses HMRC are to be GIVEN £900m to tackle tax evasion and avoidance. Hornchurch businesses are no different from any others and callers to AJM are concerned.

Fines and Penalties are swingeing and all in favour of HMRC and let’s not forget the interest.

The best way to survive a tax investigation is to get your bookkeeping “up to scratch” and keep it that way. Bad records are the single most cause of ”losing” a tax investigation, the second is businessman being ill-prepared for the investigation.

If you are worried then call us for a FREE 2 hour consultation on 01708-437917 and ask for Tony.