CIOT calls for clarity on HMRC big business compliance
The Chartered Institute of Taxation (CIOT) has called for a “rethink” of plans for large businesses to notify HMRC if...
Sunday, September 27, 2020
HMRC
New HMRC rules could save third sector millions
Updated HMRC guidance could save the third sector millions of pounds in VAT on digital advertising costs. The tax authority...
Up to £3.5bn furlough claims fraudulent, says HMRC
Up to £3.5bn in payments from the Coronavirus Job Retention Scheme may have been claimed fraudulently or paid in error,...
HMRC loan charge deadline looms
Taxpayers who will be subject to the HMRC’s new loan charge have less than one month to settle their debts,...
HMRC updates practice on contract terminations
HMRC has confirmed that VAT is now payable on most early contract termination and cancellation fees, in a change to...
Payments to informants increased by 63% in a year, says RPC
The amount of money paid to informants increased by 63% in the past year, as HMRC stamps down on tax...
Tax evasion whistleblowing rises 10%
The number of tax evasion whistleblowing reports made to HMRC has increased by 10% in a year, according to the...
HMRC R&D tax relief proposals ‘detrimental’ for start-ups
HMRC’s consultation on preventing abuse of R&D tax relief for SMEs, which closes on 28 August, must “balance the fight...
HMRC investigates 23 big businesses over ‘serious’ tax evasion
HMRC is expected to accelerate its investigations into big businesses following suspicion that 23 of the 2,100 largest UK businesses...
HMRC issues fraud warning to businesses
HMRC has issued “nudge” letters to 3,000 employers each week, informing employers that their records show they may need to...
