Government to expand MTD IT in April 2028, lowering threshold to £20,000
Budget 2025

Government to expand MTD IT in April 2028, lowering threshold to £20,000

5d Accountancy Age

Government to expand MTD IT in April 2028, lowerin...

In a move that will bring hundreds of thousands of additional taxpayers into scope, the UK government confirmed yesterday it will lower the threshold ...

View article
ICAEW marks 10 years of MTD with fresh concerns
HMRC

ICAEW marks 10 years of MTD with fresh concerns

2w Accountancy Age

ICAEW marks 10 years of MTD with fresh concerns

ICAEW 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 article
Business tax reforms from 6 April – Higher NICs, FHL changes & more
Budget 2025

Business tax reforms from 6 April – Higher NICs, FHL changes & more

3w Accountancy Age

Business tax reforms from 6 April – Higher NICs, F...

Businesses 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 article
Get the latest analysis and reports delivered to your inbox daily
The online accounts and Company Tax Return system to shut down in 2026
Companies House

The online accounts and Company Tax Return system to shut down in 2026

3w Accountancy Age

The online accounts and Company Tax Return system ...

Businesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...

View article
IR35 reforms spark £4.2bn tax windfall
HMRC

IR35 reforms spark £4.2bn tax windfall

4w Accountancy Age

IR35 reforms spark £4.2bn tax windfall

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

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

4w 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...

View article
UK drops tax crackdown on private equity and accountancies
HMRC

UK drops tax crackdown on private equity and accountancies

1m Accountancy Age

UK drops tax crackdown on private equity and accou...

The UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...

View article
UK government consultation sparks debate on e-invoicing adoption
HMRC

UK government consultation sparks debate on e-invoicing adoption

1m Marina Mouka

UK government consultation sparks debate on e-invo...

The UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...

View article
HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

1y Accountancy Age

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

View article
Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry
Contracting

Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry

1y Greg Noble

Veteran Conservative MP IR35 tenacity ‘welcomed’ b...

Sir John Redwood is advocating for Jeremy Hunt to include a series of “economical” tax reductions in his November 22 Autumn Statement Read More...

View article
As resources wear thin, HMRC must turn to digital
HMRC

As resources wear thin, HMRC must turn to digital

1y Helen Thornley

As resources wear thin, HMRC must turn to digital

At the end of September, HMRC announced new restrictions to the Agent Dedicated Line (ADL). Helen Thornley, technical officer at the ATT, breaks down ...

View article
WATCH: Scepticism growing towards MTD for ITSA
HMRC

WATCH: Scepticism growing towards MTD for ITSA

2y Greg Noble

WATCH: Scepticism growing towards MTD for ITSA

The most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...

View article
AAT: HMRC needs more support and longer-term thinking
HMRC

AAT: HMRC needs more support and longer-term thinking

2y Adam Harper

AAT: HMRC needs more support and longer-term think...

The proportion of telephone adviser attempts handled declined from 77.3% in 2021, to 71.1% - dropping further adrift of HMRC’s target of 85% Read More...

View article
IR35 double taxation removal could be ‘huge moment’
Contracting

IR35 double taxation removal could be ‘huge moment’

2y Greg Noble

IR35 double taxation removal could be ‘huge moment...

In April 2023, HMRC launched a consultation on the IR35 off-payroll working rules, with the prospect of eradicating the double taxation problem Read M...

View article
HMRC must demonstrate commitment to umbrella company regulation, experts say
HMRC

HMRC must demonstrate commitment to umbrella company regulation, experts sa...

2y Sam Alberti

HMRC must demonstrate commitment to umbrella compa...

The tax office’s compliance activity has been described as “practically non-existent” Read More...

View article
HMRC has effectively ‘banned’ outside IR35 contractors amid customer service woes
Contracting

HMRC has effectively ‘banned’ outside IR35 contractors amid customer servic...

2y Greg Noble

HMRC has effectively ‘banned’ outside IR35 contrac...

The tax authority disclosed that it had not hired any contractors outside the scope of the IR35 legislation between 2022 and 2023 Read More...

View article
HMRC scrutiny driving surge in R&D outsourcing, expert says
HMRC

HMRC scrutiny driving surge in R&D outsourcing, expert says

2y Sam Alberti

HMRC scrutiny driving surge in R&D outsourcing, ex...

Many have criticised the pace of change in the UK's R&D regime in recent years Read More...

View article
Self Assessment threshold change: Solution or problem?
HMRC

Self Assessment threshold change: Solution or problem?

2y David Wright , ATT technical officer

Self Assessment threshold change: Solution or prob...

ATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...

View article
EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service woes
HMRC

EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service w...

2y Greg Noble

EXCLUSIVE: HMRC ‘can't rush’ digital transformatio...

In an exclusive interview with Accountancy Age, HMRC’s Joanna Rowland says collaboration with industry stakeholders is becoming ‘invaluable’ to the de...

View article
HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year
Contracting

HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year

2y Greg Noble

HMRC ‘suppresses growth’ by avoiding contractors o...

HMRC revealed that it had not recruited any contractors outside the scope of the IR35 legislation in the last year Read More...

View article
HMRC responds to postal concerns with new taskforce
HMRC

HMRC responds to postal concerns with new taskforce

2y Greg Noble

HMRC responds to postal concerns with new taskforc...

Between 2021 and 2022, HMRC responded to 39.5% of postal queries within 15 days, compared to 70.3% between 2019 and 2020, according to a recent Public...

View article
Telecoms solution to ‘remove the pain’ of HMRC wait times
Accounting Firms

Telecoms solution to ‘remove the pain’ of HMRC wait times

2y Sam Alberti

Telecoms solution to ‘remove the pain’ of HMRC wai...

The tax authority has faced increasing backlash due to dwindling service levels in recent months Read More...

View article
Collecting customer data the main barrier to HMRC’s Single Customer Accounts, ICAEW says
HMRC

Collecting customer data the main barrier to HMRC’s Single Customer Account...

2y Greg Noble

Collecting customer data the main barrier to HMRC’...

HMRC believes its Single Customer Account (SCA) scheme, which is expected to be in place by 2025, will transform its digital service offering Read Mor...

View article
HMRC to appeal Gary Lineker IR35 case
HMRC

HMRC to appeal Gary Lineker IR35 case

2y Greg Noble

HMRC to appeal Gary Lineker IR35 case

Lineker won his case against HMRC over a £4.9m tax bill for income he earned from 2013 to 2014 and 2017 to 2018 Read More...

View article
Government execution of MTD ‘out of control’ as costs spiral
HMRC

Government execution of MTD ‘out of control’ as costs spiral

2y Sam Alberti

Government execution of MTD ‘out of control’ as co...

The regime's total cost is now thought to be five times the original forecast Read More...

View article
HMRC set to close self-assessment helpline for three months
HMRC

HMRC set to close self-assessment helpline for three months

2y Sam Alberti

HMRC set to close self-assessment helpline for thr...

The closure is intended to reduce the burden on HMRC phone lines and prioritise 'urgent' cases Read More...

View article
Playing in the sandbox: HMRC's flawed policy pilot
HMRC

Playing in the sandbox: HMRC's flawed policy pilot

2y Helen Thornley

Playing in the sandbox: HMRC's flawed policy pilot

ATT Technical Officer Helen Thornley looks at the latest consultation from HMRC about how to improve the processes of testing of new systems and polic...

View article
1 2 3 92