Denise Howarth, a self-assessment taxpayer with a previously spotless record, has successfully overturned £1,770 in fines and interest after a tribuna...
View articleCorporation Tax, VAT, and PAYE arrears surge as firms delay payments to preserve liquidity Read More...
View articleBy day two at Accountex 2025, the conversation had sharpened. What once passed as deadlines, compliance demands, and rising client expectations now we...
View articleHM Revenue and Customs (HMRC) is facing mounting criticism after reports surfaced of significant delays in processing tax refunds, with some individua...
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleIn a move that will bring hundreds of thousands of additional taxpayers into scope, the UK government confirmed yesterday it will lower the threshold ...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleBusinesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...
View articleBusinesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleFor 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...
View articleThe UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleThe UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...
View articleOn Friday, January 31, 2025, Barclays experienced a significant IT outage that disrupted various banking services, including online and mobile banking...
View articleThe end of January looms large for small business owners across the UK. It’s a time marked by long hours, frazzled nerves, and a desperate hunt for mi...
View articleHMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides...
View articleHM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...
View articleThe 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...
View articleFollowing the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...
View articleTaxpayers 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...
View articleRecent developments suggest that the R&D tax credit regime, established almost 25 years ago to support innovative UK businesses, is facing critica...
View articleChancellor Rachel Reeves has issued warnings about a £22bn “black hole” in public finances, suggesting that further measures may be necessary. Whilst ...
View articleHMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...
View articleA new report from the National Audit Office (NAO) has revealed that the UK is losing billions of pounds annually due to tax evasion, with small busine...
View articleAccountants are no strangers to poring over lengthy financial documents and annual reports. However, even the most seasoned professionals can benefit ...
View articleHMRC service performance has been a hot topic for some time and has received considerable attention in mainstream media, at parliamentary committees a...
View articleNew 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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