HMRC buckling under Brexit and MTD?
HMRC

HMRC buckling under Brexit and MTD?

8y Richard Asquith

HMRC buckling under Brexit and MTD?

Richard Asquith, VP of global indirect tax at Avalara, considers the monumental pressure HMRC faces in the face of the likes of MTD and Brexit Read Mo...

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HMRC pilot for MTD now public
MTD

HMRC pilot for MTD now public

8y Emanuela Hawker , Reporter

HMRC pilot for MTD now public

According to AAT, around 500,000 businesses are now eligible to join HMRC’s live pilot for MTD for VAT Read More...

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Is IR35 a ticking time bomb for the accounting profession?
HMRC

Is IR35 a ticking time bomb for the accounting profession?

8y AJ Chambers Recruitment | Sponsored

Is IR35 a ticking time bomb for the accounting pro...

Matthew Lawford, director of tax recruitment at AJ Chambers, asks employment tax expert Alastair Kendrick: is IR35 a ticking time bomb for the account...

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£59m in fines for UK's largest businesses
HMRC

£59m in fines for UK's largest businesses

8y Emanuela Hawker , Reporter

£59m in fines for UK's largest businesses

Pinsent Masons has released a statement detailing the latest surge in a portion of tax revenue generated by HMRC in the past year Read More...

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Tax fraud investigations: one step forward and two steps back?
Tax

Tax fraud investigations: one step forward and two steps back?

8y Tessa Lorimer

Tax fraud investigations: one step forward and two...

Common Reporting Standards will help investigating agencies but it's no windfall - the hurdles of UK Admissibility, Brexit and countries' economies co...

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£2.5bn underpayment by UK tech sector, according to HMRC
HMRC

£2.5bn underpayment by UK tech sector, according to HMRC

8y Emanuela Hawker , Reporter

£2.5bn underpayment by UK tech sector, according t...

UK tech companies are the latest focus for HMRC as they look to increase the revenue made from the growing industry, Moore Stephens has stated Read Mo...

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How unprepared are businesses for Making Tax Digital?
Making Tax Digital

How unprepared are businesses for Making Tax Digital?

8y Accountancy Age

How unprepared are businesses for Making Tax Digit...

New research suggests a third of VAT-registered businesses are not prepared for Making Tax Digital in six months' time Read More...

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AAT members on their way to becoming MTD compliant
MTD

AAT members on their way to becoming MTD compliant

8y Emanuela Hawker , Reporter

AAT members on their way to becoming MTD compliant

Although preparation for Making Tax Digital is slowly gaining traction, there are still a worrying amount of businesses that will be affected who are ...

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R&D tax relief claims are rising, HMRC report reveals
Corporate Tax

R&D tax relief claims are rising, HMRC report reveals

8y Emanuela Hawker , Reporter

R&D tax relief claims are rising, HMRC report ...

There has been a percentage increase in the number of claims made by companies, but more needs to be done Read More...

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A bonfire of the tax reliefs?
Tax

A bonfire of the tax reliefs?

8y Richard Asquith

A bonfire of the tax reliefs?

Richard Asquith, VP of global indirect tax at Avalara, joins Accountancy Age as a new monthly columnist, bringing you expert insights from the world o...

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Last orders! Only days left for Requirement To Correct
Tax

Last orders! Only days left for Requirement To Correct

8y Chris Etherington

Last orders! Only days left for Requirement To Cor...

RSM Private Client Partner, Chris Etherington, provides an overview of RTC in the world of accounting Read More...

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Knock knock – opening the door to the Agent Services Account
HMRC

Knock knock – opening the door to the Agent Services Account

8y Helen Thornley

Knock knock – opening the door to the Agent Servic...

As part of Making Tax Digital preparations, all agents will need to set up an Agent Services Account. How do you register, and how does it work? Read ...

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HMRC investigations into inheritance tax up by 5%
HMRC

HMRC investigations into inheritance tax up by 5%

8y Emanuela Hawker , Reporter

HMRC investigations into inheritance tax up by 5%

UHY Hacker Young says that HMRC is treating inheritance tax as a 'lucrative source of income' Read More...

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Businesses aren't ready for MTD, ICAEW report reveals
Making Tax Digital

Businesses aren't ready for MTD, ICAEW report reveals

8y Emanuela Hawker , Reporter

Businesses aren't ready for MTD, ICAEW report reve...

A concerningly low level of businesses have implemented, or are on their way to implementing, the accountancy software, according to ICAEW report Read...

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Watch: Monthly accountancy news round-up
Brexit & Economy

Watch: Monthly accountancy news round-up

8y Accountancy Age

Watch: Monthly accountancy news round-up

Accountancy Age's Lucy Skoulding provides a roundup of all the key new stories in the accountancy industry from the month of August. Read More...

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HMRC fraud investigation team collected £5.47bn in extra tax equaling 7% rise on last year
HMRC

HMRC fraud investigation team collected £5.47bn in extra tax equaling 7% ri...

8y Emanuela Hawker , Reporter

HMRC fraud investigation team collected £5.47bn in...

HMRC looking to expand further on the 13% increase from civil investigations Read More...

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Making Tax Digital: be the experts
Making Tax Digital

Making Tax Digital: be the experts

8y Sage | Sponsored

Making Tax Digital: be the experts

Here's how you can become the trusted expert on MTD, a vital learning when 30% of businesses submit returns through accountants Read More...

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Tax evasion referrals jump 24% for individual taxpayers
Tax

Tax evasion referrals jump 24% for individual taxpayers

8y Emanuela Hawker , Reporter

Tax evasion referrals jump 24% for individual taxp...

According to Pinsent Masons, HMRC could investigate 27 ‘serious’ tax evasion claims against some of the UK’s biggest businesses Read More...

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What does technology mean for the future of accountants?
Technology

What does technology mean for the future of accountants?

8y SJD Accountancy | Sponsored

What does technology mean for the future of accoun...

Technology is changing the accounting industry at an alarming rate, but what do these advancements mean for the role of accountants? Read More...

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Autumn Statement: tax gap under further attack
Corporate Finance

Autumn Statement: tax gap under further attack

8y Stephanie Wix , Writer

Autumn Statement: tax gap under further attack

New penalties are planned for those who enable the use of a tax avoidance scheme, announced in the Autumn Statement speech Read More...

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Will AI help or hinder the future of accountancy?
Career

Will AI help or hinder the future of accountancy?

8y Neil Everatt

Will AI help or hinder the future of accountancy?

By 2020 it's expected that accounting tasks, including audit, payroll, tax, and banking, will be full automated but what does this mean for the future...

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What does HMRC advise businesses on VAT fraud prevention?
VAT

What does HMRC advise businesses on VAT fraud prevention?

8y Nicola Sharp

What does HMRC advise businesses on VAT fraud prev...

HMRC explains that companies can avoid VAT penalties in future “by not becoming involved in any transactions connected with VAT fraud’’ Read More...

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HMRC property raids reduce by 30% through use of AI and big data
HMRC

HMRC property raids reduce by 30% through use of AI and big data

8y Accountancy Age

HMRC property raids reduce by 30% through use of A...

HMRC is leveraging sophisticated algorithms and big data sources to gather evidence with greater ease and efficiency than property raids Read More...

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Small businesses feel penalised by “intensive” HMRC investigations
HMRC

Small businesses feel penalised by “intensive” HMRC investigations

8y Accountancy Age

Small businesses feel penalised by “intensive” HMR...

Research commissioned by HMRC showed that over half of small businesses find HMRC investigations too intensive and disruptive Read More...

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HMRC joins international coalition J5 to combat tax crime
HMRC

HMRC joins international coalition J5 to combat tax crime

8y Accountancy Age

HMRC joins international coalition J5 to combat ta...

The 5 member countries will collaborate to tackle international tax crime, money laundering and threats posed by cryptocurrencies and cybercrime Read ...

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Making Tax Digital: a great and much-needed step towards digitsation
Making Tax Digital

Making Tax Digital: a great and much-needed step towards digitsation

8y Accountancy Age

Making Tax Digital: a great and much-needed step t...

Avalara’s Richard Asquith talks about the benefits of Making Tax Digital, where businesses are now, and predictions for the VAT go-live next April Rea...

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Brexit: HMRC estimates “max-fac” model or “no deal” could cost £20bn
Brexit & Economy

Brexit: HMRC estimates “max-fac” model or “no deal” could cost £20bn

8y Accountancy Age

Brexit: HMRC estimates “max-fac” model or “no deal...

After causing a stir by estimating the Brexiteer-favoured "max-fac" customs arrangement could cost upto £20bn, HMRC chief Jon Thompson returned to the...

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