Budget 2018 – Tricks or Treats…

Chancellor of the Exchequer, Philip Hammond announced the 2018 Budget on Monday 29 October. Tricks or Treats? Take a look at our Budget summary which analyses what the Chancellor’s announcement means for you and your business. Restriction to Private Residence

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Government under mounting pressure to review Making Tax Digital timescale

The Government has again been urged to reconsider its timescale for Making Tax Digital (MTD), after a 50-page report from MPs in the Treasury Committee suggested that the project should be delayed by one-to-two years.

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Thousands of taxpayers file self-assessment returns over festive period

Thousands of Britons took time out of their Christmas holiday to submit self-assessment tax returns to HM Revenue & Customs (HMRC) this festive season, according to reports.

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Total amount of corporation tax owed to HMRC up by 15 per cent

The amount of unpaid corporation tax thought to be owed to HM Revenue & Customs (HMRC) by UK businesses has risen by 15 per cent, according to reports.

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HMRC consultation lays out proposals to extend its penalty powers when tackling tax avoidance

On 16 August, HM Revenue & Customs (HMRC) released a consultation document which outlines proposals to further extend its penalty powers when dealing with what it perceives as unacceptable tax avoidance.

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Theresa May confirms Britain will continue to crack down on corporate tax evasion

Newly appointed Prime Minister Theresa May has announced plans to tighten the screws on corporate tax evasion.

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HMRC reduces number of investigations into high-value firms

A new study has found that HM Revenue & Customs (HMRC) is easing the pressure on a number of high-value businesses, by focusing on full-scale attacks on a select few suspicious firms.

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HMRC over-eager and misguided in digital transition, says NAO

The National Audit Office (NAO) has published a new report claiming that HM Revenue & Customs has been too eager to cut off its traditional contact channels in favour of online services.

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HMRC: thousands of pensioners will sell their annuity in secondary market

April 2017 will mark the launch of a secondary annuity market and HM Revenue & Customs (HMRC) have announced that they suspect thousands of pensioners will sell up following its launch.

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Deadline looms for tax-free ISA savings

Recent research has revealed that today, March 30, is traditionally the most popular day of the year for ISA investing.

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