HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the …
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Record number of Self-Assessment tax returns filed by the deadline
HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline.
Businesses reminded to take steps to prepare for upcoming payroll changes
Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding …
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HMRC wrongly issue fines before the self-assessment deadline
It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment …
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Can you save more than £355 on this year’s self-assessment?
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed.
HMRC shifting the “tax burden” onto UK consumers
Accounting experts have accused HMRC of shifting the “tax burden” onto UK consumers after finding that 21 per cent of their total income is accounted …
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HMRC crackdown on online tax evasion in the UK
The Joint and Several Liability (JSL) notices, were introduced in 2016 to protect British businesses from being undercut by overseas sellers committing …
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ICAEW urging workers to not leave tax return until the last minute
New Government service has helped 200,000 start-up businesses
Since the Streamlined Company Registration Service was launched last year, more than 200,000 start-ups have used the service.