The Inland Revenue has urged businesses to file online early and so avoid any problems with overcrowding after admitting it was expecting a ‘very big rush’ in the run up to the 19 May employers’ annual returns deadline.
Any lack of preparation on the part of the Treasury could result in a repeat of the delays that have blighted its computer systems over recent years.
‘We want all of our customers to be able to access our online services with the minimum of fuss,’ the Revenue said. ‘Complex online services often slow up when faced with exceptional levels of demand, and ours is no different.’
The department recommends that businesses file outside the peak times (before 10am or after 4pm), file at weekends if possible, and to not leave things to the last minute.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.