Platform firms, HMRC badges and apprentices making partner
Accounting Firms

Platform firms, HMRC badges and apprentices making partner

3w nikita alexander

Platform firms, HMRC badges and apprentices making...

As the HMRC registration deadline creates a new regulatory "white-list," the UK mid-market is undergoing a rapid industrialisation. From Azets and Xei...

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The weekly roundup: NICs, PE land grabs and HMRC's IHT crackdown
FRC

The weekly roundup: NICs, PE land grabs and HMRC's IHT crackdown

1m nikita alexander

The weekly roundup: NICs, PE land grabs and HMRC's...

From a record-breaking £28bn NIC burden to Sage’s AI-led future in San Francisco, we break down the developments shaping the accounting landscape as A...

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Five UK accountancy firms flagged by HMRC for promoting tax avoidance
Accounting Firms

Five UK accountancy firms flagged by HMRC for promoting tax avoidance

9m Accountancy Age

Five UK accountancy firms flagged by HMRC for prom...

Five UK accountancy firms have been named by HMRC for taking fees to refer clients into a tax avoidance scheme. HMRC warns users to seek guidance to a...

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HMRC uses AI to spot tax fraud on social media
AI in Accounting

HMRC uses AI to spot tax fraud on social media

10m Editorial team

HMRC uses AI to spot tax fraud on social media

HMRC's revelation that it is using AI to monitor taxpayers’ social media posts in criminal investigations has sparked a heated debate on data privacy,...

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HMRC to send 1.4 million letters over unpaid tax
Administration

HMRC to send 1.4 million letters over unpaid tax

10m Accountancy Age

HMRC to send 1.4 million letters over unpaid tax

HM Revenue and Customs (HMRC) will send 1.4 million letters in the coming months to alert UK taxpayers about unpaid income tax as part of its annual c...

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HMRC cancels record 46,266 late tax return penalties
HMRC

HMRC cancels record 46,266 late tax return penalties

11m Accountancy Age

HMRC cancels record 46,266 late tax return penalti...

Taxpayers urged to appeal fines as experts warn many could be wrongly penalised Read More...

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No plans for MTD for corporation tax, says HMRC
Corporate Tax

No plans for MTD for corporation tax, says HMRC

11m Accountancy Age

No plans for MTD for corporation tax, says HMRC

HMRC has officially ruled out plans to introduce Making Tax Digital for Corporation Tax, confirming the shift in its July 2025 Transformation Roadmap....

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HMRC to ramp up tax investigations targeting high earners
Economy

HMRC to ramp up tax investigations targeting high earners

11m Accountancy Age

HMRC to ramp up tax investigations targeting high ...

HMRC is preparing to launch a wave of new tax investigations targeting high-income earners and individuals with substantial assets, according to new i...

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MTD in Practice: Early lessons for HMRC and accountants
Making Tax Digital

MTD in Practice: Early lessons for HMRC and accountants

11m Accountancy Age

MTD in Practice: Early lessons for HMRC and accoun...

What 100 real businesses—and a room full of accountants—are teaching HMRC about Making Tax Digital. Read More...

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1.1 million unanswered HMRC calls as MTD panic sets in
HMRC

1.1 million unanswered HMRC calls as MTD panic sets in

12m Accountancy Age

1.1 million unanswered HMRC calls as MTD panic set...

Self-employed workers are flooding the internet for Making Tax Digital (MTD) guidance as HMRC helplines fall short, leaving many scrambling for answer...

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HMRC hit by £47m phishing fraud, MPs question digital defences
Cybersecurity

HMRC hit by £47m phishing fraud, MPs question digital defences

1y Accountancy Age

HMRC hit by £47m phishing fraud, MPs question digi...

HMRC has lost £47m to a sophisticated phishing fraud that saw organised criminals exploit stolen personal data to create or hijack around 100,000 PAYE...

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Taxpayer wins £1.7k tribunal case after HMRC emails went to junk
Administration

Taxpayer wins £1.7k tribunal case after HMRC emails went to junk

1y Accountancy Age

Taxpayer wins £1.7k tribunal case after HMRC email...

Denise Howarth, a self-assessment taxpayer with a previously spotless record, has successfully overturned £1,770 in fines and interest after a tribuna...

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Business debt to HMRC hits £28bn per month
Business

Business debt to HMRC hits £28bn per month

1y Accountancy Age

Business debt to HMRC hits £28bn per month

Corporation Tax, VAT, and PAYE arrears surge as firms delay payments to preserve liquidity Read More...

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HMRC faces criticism for delayed tax refunds and service changes
HMRC

HMRC faces criticism for delayed tax refunds and service changes

1y Accountancy Age

HMRC faces criticism for delayed tax refunds and s...

HM Revenue and Customs (HMRC) is facing mounting criticism after reports surfaced of significant delays in processing tax refunds, with some individua...

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HMRC red tape casts UK SMEs £25bn a year
Accounting Firms

HMRC red tape casts UK SMEs £25bn a year

1y Accountancy Age

HMRC red tape casts UK SMEs £25bn a year

UK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...

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HMRC’s RTI system is failing UK employers, study finds
Accounting Standards

HMRC’s RTI system is failing UK employers, study finds

1y Marina Mouka

HMRC’s RTI system is failing UK employers, study f...

For over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...

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HMRC releases updated guidance for Making Tax Digital testers
HMRC

HMRC releases updated guidance for Making Tax Digital testers

1y Accountancy Age

HMRC releases updated guidance for Making Tax Digi...

HMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides...

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A £1.13bn problem: HMRC’s crackdown on R&D tax errors
Corporate Tax

A £1.13bn problem: HMRC’s crackdown on R&D tax errors

1y Accountancy Age

A £1.13bn problem: HMRC’s crackdown on R&D tax err...

HM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...

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Budget Focus: Do we really need 1800 new HMRC debt collectors?
Budget

Budget Focus: Do we really need 1800 new HMRC debt collectors?

2y Accountancy Age

Budget Focus: Do we really need 1800 new HMRC debt...

The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforce...

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Taxpayers spent over 700 years on hold with HMRC as wait times worsen
HMRC

Taxpayers spent over 700 years on hold with HMRC as wait times worsen

2y Accountancy Age

Taxpayers spent over 700 years on hold with HMRC a...

Taxpayers in the UK collectively spent more than 719 years on the phone waiting to speak with HM Revenue and Customs (HMRC) in the year ending June 30...

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HMRC stats shows tax take for August remains high but further rises in next month’s Budget seem inevitable

HMRC stats shows tax take for August remains high but further rises in next...

2y Rachael King

HMRC stats shows tax take for August remains high ...

HMRC’s tax statistics for August 2024 show that tax takings remain high, but the anticipated rise in borrowing due partly to the increase in public se...

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HMRC increasingly pursuing company directors to pay tax bills of insolvent businesses
Corporate Tax

HMRC increasingly pursuing company directors to pay tax bills of insolvent ...

2y Accountancy Age

HMRC increasingly pursuing company directors to pa...

HMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...

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HMRC pay out to creative industries up 16% with increases across all sectors

HMRC pay out to creative industries up 16% with increases across all sector...

2y Rachael King

HMRC pay out to creative industries up 16% with in...

New statistics published today show that HMRC paid out £2.2bn in creative industries tax reliefs for the year to 31 March 2023 – a 16% increase from t...

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HMRC'S annual report is out - Here's what you need to know
HMRC

HMRC'S annual report is out - Here's what you need to know

2y Accountancy Age

HMRC'S annual report is out - Here's what you need...

Accountants are no strangers to poring over lengthy financial documents and annual reports. However, even the most seasoned professionals can benefit ...

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Will HMRC digital services get to where they need to be?
Brexit & Economy

Will HMRC digital services get to where they need to be?

2y Caroline Miskin, Senior Technical Manager Digital Taxation, ICAEW

Will HMRC digital services get to where they need ...

HMRC service performance has been a hot topic for some time and has received considerable attention in mainstream media, at parliamentary committees a...

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Tax experts call on new Labour government for new Office of Tax Simplification, clearer anti-avoidance legislation and investment in HMRC skills

Tax experts call on new Labour government for new Office of Tax Simplificat...

2y Rachael King

Tax experts call on new Labour government for new ...

The Labour government should consider bringing back the Office of Tax Simplification, clarifying the UK’s anti-avoidance legislation and investing in ...

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Overtime pay sees HMRC wage bill rise by £5.5m following significant job cuts
HMRC

Overtime pay sees HMRC wage bill rise by £5.5m following significant job cu...

2y Rachael Kennedy

Overtime pay sees HMRC wage bill rise by £5.5m fol...

New research from The Global Payroll Association (GPA), reveals that HMRC has reduced its core workforce by -3.8% in the past year, but that this staf...

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Do HMRC's customer service woes demand accountant intervention?
HMRC

Do HMRC's customer service woes demand accountant intervention?

2y Accountancy Age

Do HMRC's customer service woes demand accountant ...

HMRC’s telephone customer service is failing to meet expectations, with taxpayers experiencing an average wait time of nearly 23 minutes in the first ...

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