Economy
IR35 Tax rule should be ‘abolished’, says Mel Stride
Thursday, 22 October 2020, 10:38
IR35 Tax rule should be ‘abolished’, says Mel Stride
The former leader of the House of Commons Mel Stride has called for the removal of the “dreaded” IR35 tax…
UK inflation rises to 0.5% after EOTHO ends
Wednesday, 21 October 2020, 11:07
UK inflation rises to 0.5% after EOTHO ends
UK inflation for the month of September increased to 0.5% after the end of the Government’s Eat Out to Help…
‘Not all taxpayers ready for MTD’, warns HMRC director
Tuesday, 20 October 2020, 10:57
‘Not all taxpayers ready for MTD’, warns HMRC director
Roy Wallace, HMRC’s director of Making Tax Digital (MTD), has warned that “not all taxpayers are ready for a digitalised…
HMRC sees 54,800 employees claim WFH tax relief
Friday, 16 October 2020, 10:22
HMRC sees 54,800 employees claim WFH tax relief
HMRC has received more than 54,800 employee claims from customers using a new online portal which allows workers to claim…
Audit firms ‘overlooked’ in Brexit talks
Wednesday, 14 October 2020, 10:09
Audit firms ‘overlooked’ in Brexit talks
Accountancy and audit firms are being “overlooked” in Brexit trade negotiations, according to a report published by the government’s EU…
UK unemployment rises to 4.5%
Tuesday, 13 October 2020, 10:27
UK unemployment rises to 4.5%
The UK unemployment rate increased to 4.5% during the three months to August, the highest level in over three years.…
Taxes may rise to £40bn to stop ‘debt spiralling upwards’, warns IFS
Tuesday, 13 October 2020, 10:14
Taxes may rise to £40bn to stop ‘debt spiralling upwards’, warns IFS
The UK may need to raise an extra £40bn in a year in taxes just to stop “debt spiralling upwards”.…
HMRC seeks new chair as pandemic takes priority
Monday, 12 October 2020, 10:21
HMRC seeks new chair as pandemic takes priority
HMRC is close to appointing a new chairman as the group looks to shift its focus away from “launching new…
HMRC blasted with 5,000 malicious emails a day
Tuesday, 6 October 2020, 13:24
HMRC blasted with 5,000 malicious emails a day
Over 500,000 malicious emails attacks have been received by HMRC during the last three months, according to official figures. The…
HMRC extends Self Assessment liability threshold
Monday, 5 October 2020, 11:23
HMRC extends Self Assessment liability threshold
HMRC has increased the threshold for paying tax liabilities to £30K for Self Assessment customers to help ease the financial…