HMRC
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Mar- 2021 -1 March
HMRC’s late payment waiver a ‘lifeline to taxpayers’
HMRC’s decision to waive Self-Assessment late payment penalties is a “lifeline to taxpayers”, according to accountancy firm Lamont Pridmore The…
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Feb- 2021 -26 February
HMRC ‘well placed’ to seek major investment to boost enforcement
HMRC is “well placed” to seek a major investment package as the UK emerges from the current crisis, to enable…
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26 February
Majority of self-employed ‘unprepared’ for IR35 changes, says EY
The majority of the UK’s self-employed workforce are “unprepared” for changes to off-payroll working rules, commonly known as IR35, according…
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23 February
HMRC’s new scheme sees businesses pay VAT in monthly instalments
HMRC has announced a new VAT referral scheme which allows for businesses to pay VAT in smaller monthly instalments.
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23 February
HMRC investigations into big business can take four years to complete
HMRC’s enquiries into big businesses’ tax affairs have been open for an average of 45 months, up from 43 months…
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22 February
HMRC raises £48bn from new taxes introduced over past 10 years
HMRC has raised £48bn from eight new taxes that the UK government has introduced over the last decade, according to…
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16 February
HMRC halts investigation into VAT-evading online sellers
HMRC has only issued 80 data requests to platforms for information about online sellers it suspects of evading UK VAT…
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16 February
CJRS calculator error forces small businesses to re-evaluate
The Accountancy Partnership has urged small businesses to recalculate furlough claims for January 2021, following a coding error being found…
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10 February
One of HMRC’s ‘most wanted’ tax cheat jailed
The ringleader of a plot to smuggle millions of illegal cigarettes has been jailed for three years after he flew…
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10 February
HMRC shed over £2.5m in legal costs during 2019/20
HMRC paid out over £2.5m in legal costs to taxpayers in 2019/20, a year-on-year increase of 88%.
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