Click here to
Get an instant quote

Nearly 900,000 businesses not ready for Making Tax Digital changes

A third of all VAT-registered firms are not ready to file their returns digitally, a survey suggests.

From April 2019, all (more…)

HMRC denies Sunday Times claims of rich tax privilege

HM Revenue & Customs (HMRC) has called out The Sunday Times for what it calls a “false” story about the way wealthy and powerful individuals are taxed.

The September 9th article claims that HMRC has admitted it allows (more…)

HMRC increases interest charges on late tax payments

The UK’s tax authority raised interest rates after the Bank of England base rate was raised. (more…)

Sharp rise in court cases to contest HMRC tax orders

In 2017, 122 people asked for a judicial review of tax orders compared to 90 in 2016, a rise of 36%. This rise is likely due to HMRC doubling its employment of legal demands to collect unpaid tax bills.

Law firm RPC says (more…)

MPs call for an increase in HMRC funding and tax strategy stability

A recent survey commissioned by two UK accountancy bodies has revealed that the majority of MPs support the introduction of a stable tax strategy.

The research was commissioned by the Association of Chartered Certified Accountants (ACCA) and the AAT Association of Accounting Technicians (AAT). It was carried out by (more…)

HMRC to use AI to carry out millions of mundane tasks

The UK tax office has announced plans to use artificial intelligence (AI) to automate some of its processes.

The use of robots and artificial intelligence is widespread throughout the world. They are used by thousands of businesses to (more…)

UK businesses welcome the Chancellor’s Spring Statement

The changes the Chancellor of the Exchequer announced in his Spring Statement have been met with general approval amongst UK business owners.

In the Chancellor´s relatively short statement he covered a lot of ground. Many of the announcements he made will have a direct impact on (more…)

Thousands of self-employed workers face HMRC fine

HMRC has announced that 745,588 people had failed to file their tax return before the January 31 deadline.

This figure was (more…)

Points part of HMRC penalty system to expire

HMRC has announced that after a prescribed period of compliance penalty points will expire. (more…)

UK tax gap falls to just 6.5%

New statistics show that the UK tax gap is at its lowest point ever.

For the 2014/15 year, the tax gap fell to (more…)

Older Posts »