Popular now
Sumer NI appoints new corporate audit partner

Sumer NI appoints new corporate audit partner

ACCA calls for pragmatic UK and EU trading relations

ACCA calls for pragmatic UK and EU trading relations

BK Plus appoints Calvin Bond as corporate finance partner

BK Plus appoints Calvin Bond as corporate finance partner

Topic Hub

HMRC

HMRC focuses on the policies, reforms, and enforcement actions of HM Revenue and Customs that affect accountants and their clients across the UK. Covering tax compliance, digital reporting initiatives, investigations, and regulatory updates, this section keeps professionals informed of evolving obligations and best practices. Accountancy Today’s HMRC coverage provides expert insight into policy direction, operational changes, and the wider implications for tax planning and advisory work.

HMRC

HMRC focuses on the policies, reforms, and enforcement actions of HM Revenue and Customs that affect accountants and their clients across the UK. Covering tax compliance, digital reporting initiatives, investigations, and regulatory updates, this section keeps professionals informed of evolving obligations and best practices. Accountancy Today’s HMRC coverage provides expert insight into policy direction, operational changes, and the wider implications for tax planning and advisory work.

HMRC collects over £70m in extra tax from profit-diverting firms

HMRC has collected over £70m in extra tax in the past year from multinational businesses who…

IHT receipts hit record high in June

Inheritance tax receipts for April 2023 to June 2023 hit £2.0bn, £0.2bn higher than the…

Losses from error and fraud in R&D tax reliefs hit 16.7%

HMRC’s Annual Report and Accounts for 2022-23 has revealed that the overall level of error…

HMRC investigations yield £34bn this year

HMRC’s annual report has revealed that its investigations into tax evasion and tax avoidance…

New information hub launched by The Insolvency Service

The Insolvency Service announced the launch of a new online information hub to support…

BDO warns HMRC still has ‘a mountain to climb’ to collect £48bn in unpaid taxes

BDO has warned there is still “a mountain to climb” to collect £48bn in unpaid taxes, after…

Underpaid tax by wealthy individuals jumps 21% to £1.7bn

HMRC believes that wealthy individuals underpaid tax to the tune of £1.7bn in the 2022/3 tax…

Tax gap remains steady at 4.8%, says HMRC

The amount of unpaid UK tax has remained at an “all-time low” of 4.8%, HMRC has revealed. 

IHT receipts up by £100m against last year

HMRC has revealed that inheritance tax receipts for April and May 2023 reached £1.2bn, a…

HMRC issued over 18,000 penalties over errors on tax returns last year

HMRC issued 18,641 penalties to taxpayers over careless mistakes made on tax returns last…
Secret Link