News and events
Action plan announced to end excessive regulation 08/06/2010
Department for Business, Innovation and Skills (National) Business Secretary Vince Cable has announced an action plan to bring an end to the excessive regulation in which the new government... [more about 'Action plan announced to end excessive regulation']
Switching from paper to online Company Tax Returns 08/06/2010
From 1 April 2011 onwards, all companies and rganisations must submit their Company Tax Returns online for any accounting period ending after 31 March 2010. You can use HM... [more about 'Switching from paper to online Company Tax Returns']
DTE Sells non life insurance division to Cullum Capital Ventures Ltd 26/05/2010
Bury and Manchester based DTE Risk and Financial Management Ltd has been advised by DTE Corporate Finance on the sale of its general non life insurance division to Chorlton... [more about 'DTE Sells non life insurance division to Cullum Capital Ventures Ltd']
Carolyn Rises to the Challenge 19/05/2010
Carolyn Dutton, an Associate at DTE Business Advisory Services Ltd, successfully completed the Manchester 10k Run on Sunday, 16 May 2010 - her time being 1 hour and 25... [more about 'Carolyn Rises to the Challenge']
Emergency Budget set for 22 June 2010 18/05/2010
Chancellor, George Osborne, has announced that the new coalition government will hold its first Budget on Tuesday, 22 June 2010. In his first press conference since becoming Chancellor, Mr... [more about 'Emergency Budget set for 22 June 2010']
Proposed capital gains tax changes prompt investor worries 18/05/2010
Plans by the new government to increase capital gains tax in certain instances so that it more closely matches income tax have raised concerns among investor groups. The government... [more about 'Proposed capital gains tax changes prompt investor worries']
VAT Increase may be on the agenda 18/05/2010
The plans laid out by the new coalition government could mean a rise in taxes, with VAT a favourite target, experts have warned. According to Credit Suisse, the coalition... [more about 'VAT Increase may be on the agenda']
“DTE Risk & Financial Management Ltd sell their General Insurance broking arm" 04/05/2010
DTE are delighted to announce that with effect from 1 May 2010 we have sold the general non life insurance business of DTE Risk & Financial Management to Chorlton... [more about '“DTE Risk & Financial Management Ltd sell their General Insurance broking arm"']
Volcanic Ash Cloud and the impact on Business in the UK 28/04/2010
If, as a result of the disruption caused by the volcanic ash cloud, you are worried about being able to meet tax, National Insurance, VAT or other payments owed... [more about 'Volcanic Ash Cloud and the impact on Business in the UK']
Employers reminded of possible tax errors in April payslips 21/04/2010
Employers and employees are being reminded that there could be some errors with the new PAYE tax codes that have been issued by HM Revenue and Customs (HMRC). As... [more about 'Employers reminded of possible tax errors in April payslips']
Confusion for very small firms on electronic filing 21/04/2010
Small businesses with fewer than five employees appear to have a year's grace in which to comply with new rules requiring firms to file their annual employers' returns electronically.... [more about 'Confusion for very small firms on electronic filing']
Late paid invoices total billions for SMEs 20/04/2010
Almost three-quarters of small firms have been hit by the late payment of bills during the past year, new figures suggest. A survey carried out by RBS and NatWest... [more about 'Late paid invoices total billions for SMEs ']
Employers' Supported Childcare: Reform 19/04/2010
On 3 December 2009 the government announced changes to the tax and NIC exemptions for employers' supported childcare. HMRC have now issued technical guidance on this area. From... [more about 'Employers' Supported Childcare: Reform']
Family Fortunes! 19/04/2010
Imagine the Family Fortunes TV programme if the contestants were asked to name the top five reasons for a tax investigation based on a review of a company's financial... [more about 'Family Fortunes!']
New Time Limits for Record Keeping 19/04/2010
Although the repayment claim and ordinary assessing time limits are changing to 4 years for VAT, corporation tax and self assessment with effect from 1 April 2010, the time... [more about 'New Time Limits for Record Keeping']
Taxman's Powers of Entry 19/04/2010
HMRC have stated that its officers will only make unannounced visits to businesses where they suspect serious non compliance to be occurring. Press reports earlier this year describe... [more about 'Taxman's Powers of Entry ']
PAYE: no Employer Annual Return to make for 2009-10 14/04/2010
HM Revenue & Customs (HMRC) has introduced a quicker, cheaper and easier way, for employers and agents, to declare that no Employer Annual Return (P35 and P14s) are due... [more about 'PAYE: no Employer Annual Return to make for 2009-10']
5 million children benefiting from Trust Funds - 1 April 2010 12/04/2010
The Government has announced that five million Child Trust Fund (CTF) accounts have now been opened since they were introduced in 2005, supporting millions of families across the UK... [more about '5 million children benefiting from Trust Funds - 1 April 2010']
Employees get right to ask for training 12/04/2010
From 6 April 2010, many employees have the right to ask their employers for time to train. The new regulation covers businesses that employ more than 250 people, although... [more about 'Employees get right to ask for training']
Fit Notes come into effect in major overhaul of sick leave system 12/04/2010
Employees who are off work sick for more than seven days will, as from 6 April, be issued with 'fit notes' rather than 'sick notes' by their GPs. Under... [more about 'Fit Notes come into effect in major overhaul of sick leave system ']
HMRC's Business Payment Support Services (BPSS) - New Rules 12/04/2010
New rules for businesses who want to reschedule large tax debts under HMRC's Business Payment Support Service (BPSS) come into effect this month. The BPSS gives viable businesses, experiencing... [more about 'HMRC's Business Payment Support Services (BPSS) - New Rules']
New powers from 1st April 2010 for HMRC 12/04/2010
Legislation has been introduced with the aim of creating a common approach to how HM Revenue & Customs (HMRC) carry out compliance checks, and the penalties they charge, across... [more about 'New powers from 1st April 2010 for HMRC']
HMRC Urging Businesses to be prepared for VAT and PAYE changes 31/03/2010
HM Revenue & Customs (HMRC) is urging businesses to be prepared for major changes to VAT and PAYE to be introduced this spring. The following VAT changes come into... [more about 'HMRC Urging Businesses to be prepared for VAT and PAYE changes']
New rules for businesses who want to reschedule large tax debts 31/03/2010
New rules for businesses who want to reschedule large tax debts under HMRC's Business Payment Support Service (BPSS) come into effect next month. The BPSS gives viable businesses, experiencing... [more about 'New rules for businesses who want to reschedule large tax debts']
The UK has signed a Tax Information Exchange Agreement (TIEA) with Belize... 31/03/2010
The United Kingdom has today signed a Tax Information Exchange Agreement (TIEA) with Belize, which will allow the sharing of tax-related information to OECD (Organisation for Economic Co-operation and... [more about 'The UK has signed a Tax Information Exchange Agreement (TIEA) with Belize...']
HMRC victory after Supreme Court ruling 22/03/2010
On 3 February 2010 the Supreme Court gave judgment in the long-running case of Grays Timber Products Limited v HMRC. The Supreme Court took over from the House of... [more about 'HMRC victory after Supreme Court ruling']
Employers to be allowed to issue electronic P60s 22/03/2010
Employers will be able to issue P60s in electronic form from the end of the coming tax year, 2010/11. HM Revenue and Customs (HMRC) has changed the PAYE rules... [more about 'Employers to be allowed to issue electronic P60s']
PAYE: 2008-09 penalties for outstanding P11D(b) returns 16/03/2010
From 15 March 2010 HM Revenue & Customs (HMRC) will start to send penalty notices where records show that you have not sent your 2008-09 form P11D(b) Annual Return... [more about 'PAYE: 2008-09 penalties for outstanding P11D(b) returns']
Employment Standards Inspectorate claw back £200,000 16/03/2010
New figures published on 11 March 2010 reveal that since April 2009 the Employment Agency Standards inspectorate (EAS) has won back nearly £200,000 in unpaid wages for agency workers.... [more about 'Employment Standards Inspectorate claw back £200,000']
Employment - the right to request training 15/03/2010
As from 6 April 2010, employers with 250 staff or more will be obliged to give serious consideration to requests from employees who wish to take time off to... [more about 'Employment - the right to request training']
Business Rate Revaluation 15/03/2010
The latest business rate revaluation takes effect from April 2010. Another business rates date to look out for is 31 March being the cut-off point for firms wishing to... [more about 'Business Rate Revaluation']
Deadline for making a shortfall payment - NI Contributions 15/03/2010
Deadline for making a shortfall payment in voluntary Class 3 National Insurance contributions for the 1996-97 to 2001-02 tax years. If you wish to top up a National Insurance... [more about 'Deadline for making a shortfall payment - NI Contributions']
Budget Confirmed for 24 March 2010 10/03/2010
The Treasury has confirmed the Budget will be held on 24 March 2010. Chancellor, Alistair Darling, is expected to lay out details on how to halve Britain's £178 billion... [more about 'Budget Confirmed for 24 March 2010']
The Failure to Notify Penalty 10/03/2010
HMRC is introducing a standard penalty system affecting almost 20 different taxes to be imposed where there is a failure to register or a failure to declare tax liabilities.... [more about 'The Failure to Notify Penalty']
VAT Late Payment Penalty 10/03/2010
In a landmark decision, the VAT Tribunal considered that the levying of a 5% penalty as a consequence of a one day delay in the submission of a VAT... [more about 'VAT Late Payment Penalty']
Evading Taxes 08/03/2010
Taxpayers and companies who deliberately evade taxes face having their name, address and details of their evasion made public after new legislation was put into force 3 March 2010.... [more about 'Evading Taxes']
Time Running out for Businesses to access HMRC Time to Pay Scheme 08/03/2010
Although no official statement has been made, it is highlylikely H M Revenue & Customs (HMRC) Time to Pay Scheme will end following forthcoming election says DTE Business... [more about 'Time Running out for Businesses to access HMRC Time to Pay Scheme']
VAT Cheque Payments by Post - important changes 08/03/2010
From 1 April 2010 all cheque payments by post will be treated as being received by HM Revenue & Customs (HMRC) on the date when cleared funds reach... [more about 'VAT Cheque Payments by Post - important changes']
Reimbursement of Business Mileage - Advisory Fuel Rates 08/03/2010
HMRC have changed the advisory fuel rates for company cars with effect for journeys on or after 1 December 2009. These rates apply where cars are provided by the... [more about 'Reimbursement of Business Mileage - Advisory Fuel Rates']
HM Revenue & Customs Launches First ever 'Super Podcast' 08/03/2010
HM Revenue & Customs (HMRC) has launched its first ever 'Super Podcast', to alert businesses to major changes in the way they file and pay VAT, PAYE and corporation... [more about 'HM Revenue & Customs Launches First ever 'Super Podcast'']
HM Revenue & Customs uses £370k of Taxpayer's money to sponsor TV programme 23/02/2010
A new TV series - "The Business Inspector" - has been sponsored by HM Revenue & Customs (HMRC). The programme will raise awareness among small businesses of the requirement... [more about 'HM Revenue & Customs uses £370k of Taxpayer's money to sponsor TV programme']
Campaign to alert fathers to paternity rights 23/02/2010
At the moment, fathers of new babies are able to claim two weeks' paid paternity leave provided they have a minimum of 26 weeks' employment with their current firm... [more about 'Campaign to alert fathers to paternity rights ']
New fit note scheme could save businesses millions 23/02/2010
The introduction this April of the 'fit note' scheme could save UK businesses £240 million over the next decade, the government has claimed. The scheme, which comes into effect... [more about 'New fit note scheme could save businesses millions']
Electronic VAT Returns 17/02/2010
HMRC are moving forward relentlessly with their plans to have the great majority of VAT Returns submitted online with effect from1 April 2010. This requirement will apply to all... [more about 'Electronic VAT Returns']
Urgent News to Employers - Important PAYE Changes 17/02/2010
HM Revenue & Customs (HMRC) has issued an urgent alert to employers - important PAYE changes are coming this spring, so make sure you're prepared for them. ... [more about 'Urgent News to Employers - Important PAYE Changes']
Record Number of Taxpayers File their Self-Assessment Tax Return Online 08/02/2010
A record number of taxpayers filed their Self Assessment tax returns online this year, HM Revenue & Customs (HMRC) revealed today. A total of 6,429,899( 2009 5,759,006 ) people... [more about 'Record Number of Taxpayers File their Self-Assessment Tax Return Online']
Revenue Offers Guidance on Incorrect Tax Codes 08/02/2010
Revenue offers guidance on incorrect tax codes 28 January 2010 HM Revenue and Customs (HMRC) has responded to worries that a proportion of the new tax codes that are... [more about 'Revenue Offers Guidance on Incorrect Tax Codes']
£700 million Lending Boost for UK Businesses 08/02/2010
£700 million lending boost for UK businesses. Over £700 million of affordable and easy to access funding from the European Investment Bank (EIB) has been approved for nearly 3,000... [more about '£700 million Lending Boost for UK Businesses']
HMRC Warns of Fraud emails 03/02/2010
Taxpayers should not respond to any email promising a tax repayment HM Revenue & Customs (HMRC) has warned. Fraudsters are sending out thousands of such 'phishing' emails in the... [more about 'HMRC Warns of Fraud emails ']
HMRC Penalty - 4 January deadline 18/01/2010
HM Revenue and Customs(HMRC) announced that some 10,000 people had notified their intention to disclose previously undeclared offshore income and gains. Those who came forward under the new disclosure... [more about 'HMRC Penalty - 4 January deadline']
Statutory Payment Rates - Changes for 2010-11 18/01/2010
Employers may have to pay employees statutory sick pay (SSP), statutory maternity pay (SMP), statutory paternity pay (SPP) or statutory adoption pay (SAP). The following statutory payment... [more about 'Statutory Payment Rates - Changes for 2010-11']
Medical Professionals - New Tax Health Plan 18/01/2010
Medical professionals are being encouraged under a new Tax Health Plan to tell HM Revenue & Customs (HMRC) if they have understated income. Those who contact HMRC by 31... [more about 'Medical Professionals - New Tax Health Plan ']
EC Sales Lists for Services 11/01/2010
The UK have implemented the following changes to EC Sales Lists (ESL) from 1.1.2010:-ESLs relating to services may be submitted quarterly, on a calendar quarter basis showing indicator 3... [more about 'EC Sales Lists for Services']
December 2009 Pre Budget Report 10/12/2009
Main points for Businesses and Individuals - Business support payment service to continue as long as necessary. - Cash flow support service through HMRC will continue to allow businesses... [more about 'December 2009 Pre Budget Report']
New research by DTE into business attitudes 15/07/2009
North West Business Attitudes Research New research by DTE, a top 35 national accountancy firm, into business attitudes towards the economy, the government, finance, planning and business survival in... [more about 'New research by DTE into business attitudes']
Pies the limit as duo buy bakery businesses 30/06/2009
Two entrepreneurs with an established track record in the food industry have acquired the southern division of bakery business McCambridge Group plc. The Manchester offices of law firm DWF... [more about 'Pies the limit as duo buy bakery businesses']
Kinetic boss buys out technical arm 12/12/2008
A team from DTE Corporate Finance, led by Matt Beckley and Richard Taylor, performed the financial due diligence for the management buyout of Kinetic Technical Limited, the recruitment consultancy... [more about 'Kinetic boss buys out technical arm']
New tax codes herald more ear-ache for payroll staff 13/08/2008
Employers should prepare for an upsurge in complaints when employees realise that not all basic rate taxpayers will automatically get refunds promised by the chancellor. Most PAYE employees will... [more about 'New tax codes herald more ear-ache for payroll staff']
HMRC in leniency plea for late-paying building firms 31/07/2008
The taxman could help save thousands of jobs by being more lenient with construction companies that are fractionally late with payments to the Treasury. That is the... [more about 'HMRC in leniency plea for late-paying building firms']
Accounting error may be costing doctors dearly 07/07/2008
Senior medical professionals with dual sources of income may be paying thousands of pounds worth of unnecessary national insurance contributions (NICs). They are being advised to urgently review their... [more about 'Accounting error may be costing doctors dearly']
Fishawack £6m management buy-out 24/06/2008
A team from DTE Corporate finance performed the financial due diligence for the £6m MBO of specialist medical communications business Fishawack. The deal was backed by YFM private equity... [more about 'Fishawack £6m management buy-out']
Tile Giant acquired by Travis Perkins 24/06/2008
Colin Smyth and David Waddell of DTE Corporate Finance advised Tile Giant on their recent £12m acquisition by Travis Perkins. Tile Giant has annualised sales of about... [more about 'Tile Giant acquired by Travis Perkins']
Lukewarm response to taxpayer’s charter 13/06/2008
The prospect of a new taxpayers' charter has been greeted with two cheers by professional advisers. HM Revenue & Customs will consult businesses and other organisations to develop the... [more about 'Lukewarm response to taxpayer’s charter']
Taxman’s new initiative against second property owners 12/05/2008
Hefty fines could be in store for owners of second properties who believe they do not owe income tax because rent revenue is swallowed up by mortgage payments. They... [more about 'Taxman’s new initiative against second property owners']
Carnival is ready to blow its own trumpet 07/05/2008
Bury Carnival is set to hit a high note after recruiting six top marching bands from across the North West. Among them are Bury-based 1036 Squadron Air Training Corps... [more about 'Carnival is ready to blow its own trumpet']
Late night taxi tax rides rough shot over women worker’s safety 24/04/2008
A tax on taxi fares for staff who work late ignores personal safety issues for women travelling home alone on dark nights, it is claimed. Current rules mean employees... [more about 'Late night taxi tax rides rough shot over women worker’s safety']
North West construction firms face ruin - warning 15/04/2008
Major North West construction sector businesses could collapse with the loss of thousands of jobs, due to an aggressive campaign by the taxman. HM Revenue & Customs is operating... [more about 'North West construction firms face ruin - warning']
Tax-free bonuses for innovative workers 04/04/2008
Employers can motivate workers and boost productivity through tax-free bonus payments of up to £5,000 for innovative ideas that create financial benefits. The reward scheme is available to all... [more about 'Tax-free bonuses for innovative workers ']
Corporate finance boost for smaller business 03/04/2008
Small business owners and directors can gain valuable insights into how corporate finance can help create further growth at a one-day conference at the Grange City Hotel in London... [more about 'Corporate finance boost for smaller business']
Tax 'cuts' are not good news for some 26/03/2008
Employers should brace themselves for awkward questions from staff at both ends of the pay scale who will pay more tax or national insurance (NI) from April 6. The... [more about 'Tax 'cuts' are not good news for some ']
New Treasury approach means striking off could be costly 11/03/2008
Professional advisers and company directors who use 'informal' winding-up procedures to avoid the cost of a solvent liquidation could be acting illegally - and face unexpected penalties. These unofficial... [more about 'New Treasury approach means striking off could be costly']
Taxman’s swinging powers put firms under pressure 28/02/2008
Company owners are being urged to brace themselves - and their families - against an onslaught of 'police state'-style tax investigations. The warning comes from business adviser Kevin O'Brien... [more about 'Taxman’s swinging powers put firms under pressure']
Taxman is taking an unfair share of company shares 21/02/2008
Smaller businesses are losing out financially because HM Revenue & Customs (HMRC) is overstating the valuation of their shares for tax purposes, claims a specialist adviser. Alan McCann, tax... [more about 'Taxman is taking an unfair share of company shares']
Barry Bennett is sitting comfortably 01/02/2008
Assistive technology and office equipment company Barry Bennett acquired London ergonomic specialist The Back Store for an undisclosed sum. Bolton-based Barry Bennett provides specialised computer hardware and software in... [more about 'Barry Bennett is sitting comfortably']
Helping small businesses take on the taxman 17/01/2008
Veteran tax adviser Alan McCann has launched a new 'David and Goliath' website to help small North West businesses sort out problems with the mighty taxman. Alan, a... [more about 'Helping small businesses take on the taxman']
New investment tax breaks are good news for SMEs 05/12/2007
Smaller businesses can make substantial savings as a result of sweeping changes to the tax relief system for investment in assets such as plant and machinery. From next... [more about 'New investment tax breaks are good news for SMEs']
Free advice on key employer issues 19/10/2007
Greater Manchester employers can gain valuable insights into common pitfalls in payroll, tax and employment law at a free seminar. It will be held by accountants and business advisers... [more about 'Free advice on key employer issues']
Credit squeeze could trigger big tax penalties 09/10/2007
Small businesses that miss tax payments due to financial pressure from the credit squeeze could be hit by annual interest and surcharges of 24 per cent. The warning comes... [more about 'Credit squeeze could trigger big tax penalties']
Doctor on the road 01/10/2007
Out-of-hours doctors' organisation Bardoc has acquired its own fleet of specially adapted Land Rovers thanks to advice from accountants and business advisers DTE. The Land Rover Freelander vehicles have... [more about 'Doctor on the road']
After the flood come taxing times 08/08/2007
Uninsured or under-insured business owners whose premises suffered flood damage can benefit from major tax savings - but only if they stick to the rules. The tax implications... [more about 'After the flood come taxing times']
Employee fraud – the unkindest cut of all 14/06/2007
Businesses are being warned to beware of employee fraud following a case that left a North West company facing a financial crisis. The case involved a trusted secretary at... [more about 'Employee fraud – the unkindest cut of all']
Final countdown for offshore investors 05/06/2007
Time is running out fast for investors with offshore bank accounts who may have paid less tax than they should. They have until 22 June to take advantage... [more about 'Final countdown for offshore investors']
Revenue and courts usher in rear-door revolution 09/05/2007
Tax planning schemes used by companies to reduce their bills are being systemically quashed by the government, it is feared. Former tax inspector David Teale believes ministers, backed by... [more about 'Revenue and courts usher in rear-door revolution']
