Tax
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Sep- 2021 -20 September
HMRC recovers £4bn in taxes amid increase in investigations
HMRC’s investigations and compliance work saved £4bn in taxes from being lost in the last quarter, nearly double the £2.2bn…
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6 September
CIOT urges gov to delay MTD proposals
The Chartered Institute of Taxation (CIOT) has urged the government to delay the Making Tax Digital (MTD) for income tax…
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Aug- 2021 -19 August
ReSolve appointed as administrators to Hiber Energy
ReSolve, the UK business advisory and investment practice, has revealed it has been appointed as administrators of Hiber Energy Ltd.…
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18 August
Some 91% of mid-sized firms support tax year change
Over nine in 10 (91%) of mid-sized firms would reportedly support a change in the tax year to 31 December.…
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13 August
Scottish FY21 income taxes rise £900m
Scottish taxpayers reportedly paid an additional £900m in FY21 income taxes than if the country did not have a partly-devolved…
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12 August
AAT calls on gov to make tax policy changes for net zero goal
The Association of Accounting Technicians (AAT) has called on the government to take steps to make changes to tax policy…
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6 August
SME owners ‘at risk’ of failing to adhere to new MTD rules, research finds
More than two million SME owners are “at risk” of falling foul of new digital bookkeeping rules and procedures ahead…
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5 August
CIOT ‘worried’ about RPDT time frame
The Chartered Institute of Taxation (CIOT) has issued a warning about the “challenging timeframe” for the post-Grenfell disaster Residential Property…
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Jul- 2021 -30 July
Company insolvencies up 31% in Q2
The Insolvency Service has revealed that company insolvencies across England and Wales climbed 31% quarter-by-quarter to 3,116 in Q2 FY21.…
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26 July
LITRG issues reminder to self assessment taxpayers
The Low Incomes Tax Reform Group (LITRG) has issued a reminder to self assessment taxpayers, noting that the second payment…
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