Economy
Restaurateurs disqualified for failing to pay £4m in taxes
Wednesday, 18 September 2019, 12:32
Restaurateurs disqualified for failing to pay £4m in taxes
Two restaurateurs from Glasgow have been banned for a total of 17 years after they caused a loss to HMRC…
HMRC delays implementation of reverse charge VAT
Monday, 9 September 2019, 13:55
HMRC delays implementation of reverse charge VAT
HMRC has announced a one-year delay to 2020 to the introduction of reverse charge VAT in the construction sector, which…
Accountant and haulage boss jailed for tax fraud
Friday, 6 September 2019, 11:31
Accountant and haulage boss jailed for tax fraud
An accountant and haulier who lied to employees and customers to commit a £130,000 tax fraud have been jailed after…
Father and son sentenced for horse box fraud
Thursday, 5 September 2019, 11:01
Father and son sentenced for horse box fraud
A father and son who ran businesses that bought and sold horse boxes have been sentenced after an investigation into…
HMRC reaches Making Tax Digital for VAT implementation ‘milestone’
Thursday, 29 August 2019, 11:42
HMRC reaches Making Tax Digital for VAT implementation ‘milestone’
HM Revenue and Customs (HMRC) reached a “significant milestone” in the rollout of Making Tax Digital (MTD) with the first…
HMRC has collected £37bn from ‘brand-new’ taxes introduced over last decade
Tuesday, 27 August 2019, 12:48
HMRC has collected £37bn from ‘brand-new’ taxes introduced over last decade
HM Revenue and Customs (HMRC) has collected £37bn from brand-new taxes that it has introduced over the last decade, according…
Creative Industry Tax Relief hits £1bn
Thursday, 8 August 2019, 12:54
Creative Industry Tax Relief hits £1bn
Over £1.1bn worth of tax reliefs were given out to the creative industries over the past year, according to statistics…
Number of personal insolvencies continue to rise
Tuesday, 30 July 2019, 10:57
Number of personal insolvencies continue to rise
The number of people entering personal insolvency rose by 7.2% year-on-year for the second quarter, the highest for the period…
Jailed restaurateur hit with 12-year ban after £1m tax fraud
Thursday, 25 July 2019, 10:53
Jailed restaurateur hit with 12-year ban after £1m tax fraud
Jailed restaurateur Lam Chin Seong, from Barnet, has been banned from running companies for 12 years after he was found…
Fraud ‘costing UK businesses £130bn each year’, report suggests
Tuesday, 23 July 2019, 10:41
Fraud ‘costing UK businesses £130bn each year’, report suggests
A report published by the Centre for Counter Fraud Studies at the University of Portsmouth has suggested that fraud costs…