Economy
LITRG urges HMRC to intervene in ‘deed of assignments’
Tuesday, 29 June 2021, 9:50
LITRG urges HMRC to intervene in ‘deed of assignments’
The Low Incomes Tax Reform Group (LITRG) has called on the HMRC to “intervene” after a growing number of people…
HMRC phishing scams jump by 87%
Monday, 28 June 2021, 15:10
HMRC phishing scams jump by 87%
Reports of HMRC branded phishing scams have jumped from 572,029 to 1,069,522 in the last year – a surge of…
Poundland wins £2.15m HMRC VAT case
Thursday, 24 June 2021, 14:53
Poundland wins £2.15m HMRC VAT case
Poundland has won a £2.15m VAT case against HMRC regarding a stock adjustment dispute on the group’s switch from the…
HRMC should put umbrella companies in ‘wider definition’ of tax advice
Wednesday, 23 June 2021, 15:13
HRMC should put umbrella companies in ‘wider definition’ of tax advice
The Chartered Institute of Taxation (CIOT) is calling on the government to include non-compliant umbrella companies and providers of tax…
CBI predicts economy ‘bounce back’ by end of year
Friday, 18 June 2021, 9:50
CBI predicts economy ‘bounce back’ by end of year
The Confederation of British Industry (CBI) has predicted that GDP will bounce back to pre-Covid levels with a growth of…
UK inflation hits 2.1% as clothing prices rise
Wednesday, 16 June 2021, 10:47
UK inflation hits 2.1% as clothing prices rise
Inflation in the UK rose to 2.1% in May, up from 1.5% in April, according to the latest figures from…
HMRC to help pay cost of children’s summer holiday activities
Tuesday, 15 June 2021, 16:59
HMRC to help pay cost of children’s summer holiday activities
HMRC is reminding working families in the UK that they can use Tax-Free Childcare to help pay for their childcare…
500,000 businesses filed VAT returns late last year, study shows
Wednesday, 9 June 2021, 15:11
500,000 businesses filed VAT returns late last year, study shows
A total of 519,120 VAT returns were filed late by businesses last year, up 13% from 459,190 the previous year,…
ACCA throws support behind new UK trade deal
Monday, 7 June 2021, 9:58
ACCA throws support behind new UK trade deal
The Association of Chartered Certified Accountants (ACCA) has issued its support for the latest post-Brexit trade deal between the UK,…
Strong ‘lift off’ expected for UK economy this summer, says KPMG
Friday, 4 June 2021, 9:42
Strong ‘lift off’ expected for UK economy this summer, says KPMG
A combination of restrictions lifting, consumer demand, excess savings and a range of government incentives are expected to spark a…