July 11th, 2011

VAT Amnesty Starts

HMRC officially launch their VAT amnesty this week targetted at businesses which should be VAT registered – but aren’t.

Most offenders will pay a penalty of 10% in addition to the tax owed.  After 30 September the penalties will be much more severe and, in some cases, could result in criminal prosecutions.

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John manages a wide portfolio of owner managed businesses and oversees the smooth operation of the firm’s payroll department.

After obtaining his degree in mathematics from the University of Liverpool, John joined Jonathan Ford & Co in 2004 and qualified as a chartered accountant four years later. John likes to keep abreast of developments in tax and accounting and is responsible for the mentoring of junior staff.

Outside of work, John enjoys powerlifting and is a Liverpool FC season ticket holder.

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