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HMRC urged to use MTD delay to rethink its impact on accountants

While many in the accounting sector have welcomed the year-long delay to the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA),...

Small firms face fines for inaccurate furlough claims

Small business owners unaware they have over-claimed could face having to repay 5-10% of furlough claims, according to accountancy firm MHA. HMRC and the National...

Suspected abuse of Covid schemes prompts surge in whistleblowing

Some 107,000 suspected cases of tax evasion were reported to HMRC in the 2020-21 tax year, despite the Revenue’s whistleblowing hotline being closed for...

Wooing the taxman (or woman)

To provide a small antidote to the gloom of the pandemic, Tony Monger proffers a light-hearted approach to handling your relationship with HMRC. We have...

SDLT: Deliberate inaccuracies punished

This is an appeal on a complex Stamp Duty Land Tax (SDLT) avoidance scheme involving annuities. A property valued at £765,00 was purchased for a cash...

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