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Contractors warned about PSC tax avoidance

Contractors who were hoping to be able to avoid the upcoming disguised remuneration loan charge through the use of a scheme involving a personal service company (PSC) have been warned against this by HMRC. (more…)

Seven days needed for Making Tax Digital VAT registration

HMRC has provided further details about its forthcoming Making Tax Digital changes, revealing that any contractor who pays (more…)

HMRC invests in technology to close tax gap

In an effort to track down and collect more of the tax they are missing, the government is putting together a specialist IT team. (more…)

HMRC updates phishing scam advice

To counter developments in the way fraudsters use the guise of HMRC to mislead people online, the organisation has made updates to its guidance.

Recent research carried out by (more…)

Revenues from VAT soar over past decade

The latest VAT revenue statistics show that HMRC is now collecting record levels of this tax. (more…)

HMRC gives firms one more chance to voluntarily comply with tax rules

The UK tax authorities are cracking down on so-called “Google tax” avoiders, but are giving those affected the chance to comply.

HMRC data suggests that a (more…)

Streamlined Company Registration Service declared successful

A recent HMRC press release states that the government’s combined business and tax registration service is working well.

HMRC and Companies House worked (more…)

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…)

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