HMRC takes record £860m in penalties
Personal Tax

HMRC takes record £860m in penalties

7y Tom Lemmon

HMRC takes record £860m in penalties

Last year, HMRC imposed a record £860m in penalties on individual taxpayers, up 24% from £694m in 2017/18, according to accounting group UHY Hacker Yo...

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Why do hackers love HMRC?
Security

Why do hackers love HMRC?

7y Andy Kays

Why do hackers love HMRC?

Andy Kays of Redscan explains why HMRC is the favoured site of hackers - and how you can protect your firm and its clients from these scams Read More...

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HMRC took over £500 million from British taxpayers with offshore interests
Tax

HMRC took over £500 million from British taxpayers with offshore interests

7y Tom Lemmon

HMRC took over £500 million from British taxpayers...

HMRC netted £560m from investigations into British taxpayers with offshore assets and income last year. This was the first time the total exceed £500m...

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HMRC loses £13.2bn in tax to criminals 
HMRC

HMRC loses £13.2bn in tax to criminals 

7y Dave Beach

HMRC loses £13.2bn in tax to criminals 

HMRC statistics on the tax gap for 2017-2018 reveal overall underpaid tax has risen from £33bn in 2016-17 to £35bn, or 5.6% of all expected tax revenu...

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MTD – don’t forget the records
MTD

MTD – don’t forget the records

7y Emma Rawson

MTD – don’t forget the records

With all the focus on digital filing, it is easy for the record keeping part of Making Tax Digital to fall by the wayside. ATT's Emma Rawson explains ...

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Phone security expert lauds HMRC’s response to scam surge
HMRC

Phone security expert lauds HMRC’s response to scam surge

7y Dave Beach

Phone security expert lauds HMRC’s response to sca...

New statistics from HMRC reveal a surge in phone scam reports, yet telco security experts, Callsign, have praised the taxman’s counter fraud efforts. ...

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MTD – How was it for you?
MTD

MTD – How was it for you?

7y Richard Asquith

MTD – How was it for you?

In his June column, Avalara's Richard Asquith takes a look at how Making Tax Digital has gone so far, as we approach July and the first real deadline ...

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Making Tax Digital – Understanding the turnover exemption
MTD

Making Tax Digital – Understanding the turnover exemption

7y richardwild

Making Tax Digital – Understanding the turnover ex...

CIOT's Richard Wild clarifies just who is eligible for exemption from MTD - after HMRC revealed that around two-thirds of exemption applications to da...

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"Fundamental attitudes to taxation have changed since the credit crunch"
Brexit & Economy

"Fundamental attitudes to taxation have changed since the credit crunch"

7y Beth McLoughlin

"Fundamental attitudes to taxation have changed si...

Lucy Franklin, MD of Accordance VAT, tells Accountancy Age why Europe still matters, what she thinks of the changing role of the accountant, and why f...

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Restaurants and takeaways make up a quarter of HMRC's named and shamed tax defaulters
HMRC

Restaurants and takeaways make up a quarter of HMRC's named and shamed tax ...

7y Beth McLoughlin

Restaurants and takeaways make up a quarter of HMR...

HMRC is targeting restaurants and takeaways, according to research by BDO, as financial stress makes evasion more tempting Read More...

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This return does not compute – 2018-19 exclusions
Tax

This return does not compute – 2018-19 exclusions

7y Helen Thornley

This return does not compute – 2018-19 exclusions

What happens in the case of exclusions, when HMRC is unable to correctly compute an individual's tax liability? Helen Thornley, ATT's technical office...

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Self-learning technology could perform 90% of data entry tasks - but will it take your job?
Technology

Self-learning technology could perform 90% of data entry tasks - but will i...

7y Tom Lemmon

Self-learning technology could perform 90% of data...

Self-learning technology could create a scenario where bookkeepers only have to do one in 10 invoices, according to Markus Mantere, sales director of ...

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Five things we have learned from Accountex so far
Practice

Five things we have learned from Accountex so far

7y Beth McLoughlin

Five things we have learned from Accountex so far

Some of the surprising and thought-provoking information we have been hearing about on the first morning of Accountex from Sage, HMRC and QuickBooks R...

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Women in Finance: 11-15 revealed!
People In Business

Women in Finance: 11-15 revealed!

7y Beth McLoughlin

Women in Finance: 11-15 revealed!

Our second Women in Finance ranking spotlights influential women across various sectors, including government, business, finance and accountancy, who ...

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Women in Finance: 16-20 revealed!
People In Business

Women in Finance: 16-20 revealed!

7y Beth McLoughlin

Women in Finance: 16-20 revealed!

Our second Women in Finance ranking spotlights influential women across various sectors, including government, business, finance and accountancy, who ...

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Women in Finance: 21-25 revealed!
People In Business

Women in Finance: 21-25 revealed!

7y Beth McLoughlin

Women in Finance: 21-25 revealed!

Our second Women in Finance ranking spotlights influential women across various sectors, including government, business, finance and accountancy, who ...

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HMRC applied to shut down 4,160 businesses in 2018
HMRC

HMRC applied to shut down 4,160 businesses in 2018

7y Emanuela Hawker , Reporter

HMRC applied to shut down 4,160 businesses in 2018

Funding Options has shared their insights with Accountancy Age Read More...

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Are HMRC’s Accelerated Payment Notices proof of the taxman’s aggression?
HMRC

Are HMRC’s Accelerated Payment Notices proof of the taxman’s aggression?

7y Emanuela Hawker , Reporter

Are HMRC’s Accelerated Payment Notices proof of th...

RPC has reported that a percentage of APNs have been withdrawn by HMRC Read More...

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HMRC retrospective loan charge causing problems for contractors
HMRC

HMRC retrospective loan charge causing problems for contractors

7y Emanuela Hawker , Reporter

HMRC retrospective loan charge causing problems fo...

ContractorUK’s report has revealed some interesting insights Read More...

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Friction between HMRC and the taxpayer as the number of tribunal disputes continues to rise
HMRC

Friction between HMRC and the taxpayer as the number of tribunal disputes c...

7y Emanuela Hawker , Reporter

Friction between HMRC and the taxpayer as the numb...

Price Bailey has cited the adoption of software as enabling HMRC to more aggressively obtain results Read More...

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What do contractors need to know about Making Tax Digital?
Making Tax Digital

What do contractors need to know about Making Tax Digital?

7y Richard Hepburn

What do contractors need to know about Making Tax ...

Despite the imminence of this initiative, many contractors are still unsure of what MTD will mean for them and their business, or what they must do to...

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Non-resident individuals, UK property and the Finance Act 2019
Tax

Non-resident individuals, UK property and the Finance Act 2019

7y Helen Thornley

Non-resident individuals, UK property and the Fina...

From April 2019, non-UK residents might need to pay capital gains tax on their disposals Read More...

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Off-payroll working in the private sector
Governance

Off-payroll working in the private sector

7y AJ Chambers Recruitment | Sponsored

Off-payroll working in the private sector

Matthew Lawford, director at AJ Chambers Recruitment, asks employment tax specialist, Alistair Kendrick, for his views on the off-payroll working cons...

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Property taxation is under increasing scrutiny
HMRC

Property taxation is under increasing scrutiny

7y Emanuela Hawker , Reporter

Property taxation is under increasing scrutiny

Saffery Champness has revealed that less than 3% of estimated eligible landlords have used HMRC’s Let Property Campaign Read More...

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One week to go—are you ready for MTD? 
MTD

One week to go—are you ready for MTD? 

7y Emanuela Hawker , Reporter

One week to go—are you ready for MTD? 

Intuit QuickBooks has been keeping track of businesses readying themselves for Making Tax Digital Read More...

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HMRC may come knocking, but will corporates be ready?
Tax

HMRC may come knocking, but will corporates be ready?

7y Rachel Cook

HMRC may come knocking, but will corporates be rea...

Rachel Cook, senior associate at Peters & Peters, questions whether HMRC could do more regarding those who do not pay corporate tax Read More...

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How bridging software can ease the transition to Making Tax Digital
Making Tax Digital

How bridging software can ease the transition to Making Tax Digital

7y Idris Nagri

How bridging software can ease the transition to M...

The introduction of bridging software under MTD will allow businesses to continue using some of their same processes going forwards Read More...

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