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Latest Posts - mobile

Bodies complain about HMRC’s poor performance

Representatives of four of the UK’s leading accountancy bodies have written to HMRC about their “long-standing concerns over HMRC’s service levels”. In a letter to...

Employees with electric cars told to check tax codes

Employees who have company electric cars that they can use for private purposes should check their tax code numbers to ensure that HMRC has...

Lukewarm response to revamp of audit regime

Will the latest overhaul of the audit regime help restore trust in big business? Only time will tell, writes Graham Hambly of PQ Magazine…  The...

Volunteers wanted for MTD ITSA pilot scheme

HMRC is opening up its Making Tax Digital for income tax self-assessment (MTD ITSA) pilot scheme, inviting taxpayers to try out the initiative.  From 6...

Cost-of-living crisis ‘biggest threat’, say four in five SMEs

As many as 78% of small businesses say the cost of living crisis is the biggest threat to their survival in the coming year. However,...

Deliberate Defaulters – are you in an HMRC ‘hot spot’?

Gary Brothers, Partner at Independent Tax, picks the bones out of HMRC’s Deliberate Defaulters list As we know, HMRC routinely carries out huge numbers of...

New proposals for small firms’ accounts ‘will facilitate economic crime’

New Government proposals which could reduce transparency around small firms' accounts will lead to an increase in economic crime, including money laundering, according to...

VAT revenues hit record levels as businesses pay off debt

HMRC has revealed it collected a record £157.2bn from VAT in the last financial year, after businesses paid the bills they had deferred during...

HMRC wins disguised remuneration tax avoidance case

HMRC has welcomed a Court of Appeal decision that discovered tax avoidance as a result of a contractor operating via a business claiming to...

‘Worse to come’ with UK economy ‘grinding to a halt’

The UK economy is "grinding to a halt", with a big drop-off in consumer spending damaging private sector firms, a new survey has found. According...

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