At the beginning of the year, HMRC implemented a new penalties system for late VAT submissions and payments. The new points-based penalty system is ar...
View articleLast month, a report into the UK's progress towards net zero recommended that the Treasury should review how the tax system could be used to incentivi...
View articleHMRC has emphasised that all mediators will be impartial throughout the ADR process Read More...
View articleThis only serves to highlight flaws in the system, experts have said Read More...
View articleThe government will have to decide if IR35 will be mentioned in the 2023 Spring Budget Read More...
View articleThe ICAEW has proposed an emergency taskforce should be created to help improve HMRC’s backlog Read More...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT) considers four allowances to use before it’s too late Read More...
View articleAn estimated £469m worth of R&D-related error fraud occurred in the 2021/22 financial year Read More...
View articlePenalty and settlement reportedly issued by former chancellor to HMRC in September 2022 Read More...
View articleHMRC has confirmed that a 10th related suicide has occurred Read More...
View articleHMRC receives criticism from taxpayers as January 31 deadline looms Read More...
View articleAccountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...
View articleThe new scheme will seek to allow businesses to more effectively budget for R&D expenditure Read More...
View articleThe attempt to reduce bogus claims has been described as a ‘sledgehammer to crack a nut’ Read More...
View articleNearly six million self-assessment taxpayers are still yet to file returns Read More...
View articleRegulatory divergence is on the rise across several key markets. As a result, corporates of all shapes and sizes are facing increasingly complex digit...
View articleHMRC are facing backlash over their recent customer service shortcomings Read More...
View articleWhile disappointing, the fresh postponement will allow accountants and bookkeepers to familiarise themselves with what’s to come, according to Sabby G...
View articleEmma Rawson, ATT technical officer, takes a look at the new VAT late payment and filing penalties which will apply from January 1, 2023 Read More...
View articleMarket participants are hoping Chancellor Jeremy Hunt will clarify IR35 rules in the upcoming Autumn budget Read More...
View articleThe UK government’s U-turn jeopardises the contracting market and vital supply chains, experts say Read More...
View articleThe deadline of September 1, 2022 for registering all trusts in existence at October 6, 2020 (unless specifically excluded) on the Trust Registration ...
View articleHead of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...
View articlePresident of the Chartered Institute of Taxation says HMRC’s performance standards are ‘falling short’, reinforcing the need for reformed digitalisati...
View articleHow has HMRC managed its metamorphosis from benevolent supporter of businesses during the pandemic to hard-nosed tax collector? Litigation specialists...
View articleHMRC intends to crack down on both self-employed workers and those who are paid through a personal service company (PSC) Read More...
View articleIt’s been over two years since the introduction of so called ’60-day’ (originally 30-day) reporting. These rules represent a major change in the natur...
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