Taxpayer complaints about HMRC taking up to a year or more to be resolved, data reveals
An increasing number of UK taxpayers are having to wait up to a year – or sometimes even longer – for complaints about HM Revenue & Customs (HMRC) to be resolved.Continue reading
Poor growth attributed to poor lending, suggests expert
Onlookers groaned as the Office for National Statistics (ONS) released its quarterly GDP figures earlier this week, with the report indicating a significant slowdown in overall growth.Continue reading
Prime Minister “won’t be increasing VAT” if Conservatives win General Election
Prime Minister Theresa May has insisted that the Conservative Government will not increase VAT for the next five years if the party wins the upcoming General Election on 8 June.Continue reading
MP challenges Government over “unfair pursuit” of tax avoidance victims
An MP has filed a motion to review the tax treatment of those who HM Revenue & Customs have challenged over the use of an avoidance scheme.Continue reading
HMRC criticised over decision to keep IR35 reforms in Finance Bill
HM Revenue & Customs (HMRC) has been criticised over its decision to keep IR35 reforms in the Finance Bill 2017 amidst concerns that the new rules “have not been reviewed in detail ahead of the General Election”.Continue reading
Making Tax Digital dropped from Finance Bill ahead of General Election
In a surprise move, the Government’s hotly contested Making Tax Digital (MTD) project has been dropped from Finance Bill 2017 – the last Bill to be debated in the House of Commons prior to the snap General Election.Continue reading
Study sheds light on business cyber attack trends
As many as one in five British businesses have been hit by at least one cyber attack in the last 12 months, a new study has revealed.Continue reading
Online sellers could face further crack downs from HMRC
Members of Parliament (MPs) have called upon internet selling platforms such as eBay and Amazon to work harder to ensure that regular users are declaring their online income to HM Revenue & Customs (HMRC).Continue reading
What company directors need to know about new anti-money laundering rules coming this June
The Government has warned companies to be aware of important anti-money laundering rule changes coming this summer.Continue reading
Almost half of SMEs think Making Tax Digital will overcomplicate tax, study reveals
A new study suggests that almost half of small and medium-sized enterprises (SMEs) believe that the Government’s Making Tax Digital (MTD) project will overcomplicate tax.Continue reading
Can we help? Talk to our expert team