The presenter of television show Loose Women, Kaye Adams, has become the latest TV personality to win a case against HM Revenue & Customs (HMRC) over her employment status. Continue reading
Category Archives: HMRC
HMRC extends £8 million customs funding training deadline
HM Revenue & Customs (HMRC) has announced that the deadline for applications for funding from a Government initiative designed to help businesses prepare for the UK’s exit from the European Union (EU) has been extended to 31 May 2019. Continue reading
Making tax digital is live today, yet one million businesses are not registered
As of today, UK based businesses that have a taxable turnover above the VAT threshold of £85,000 will be required to switch to the new digital tax service to report earnings and calculate VAT owed. Continue reading
HMRC reveals MTD registration takes seven working days
HM Revenue & Customs (HMRC) has warned that registration for Making Tax Digital (MTD) for VAT will take up to seven days to complete and will not be a real-time service. Continue reading
Government announces consultation for plans to make HMRC a preferential creditor after insolvency
The Government has announced details of the first public consultation on its plans to make HM Revenue & Customs (HMRC) a secondary preferential creditor for certain tax debts which are paid by employees and customers after the insolvency of a business. Continue reading
HMRC takes new measures to toughen stance on debt recovery
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year. Continue reading
Record number of Self-Assessment tax returns filed by the deadline
HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline. Continue reading
Businesses reminded to take steps to prepare for upcoming payroll changes
Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding payroll, which will come into force on the 6 April 2019. Continue reading
HMRC wrongly issue fines before the self-assessment deadline
It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment deadline on the 31st January. Continue reading
Can you save more than £355 on this year’s self-assessment?
Self-employed taxpayers may be failing to claim on average £1,687 in tax-deductible expenses, a new report has revealed. Continue reading