HMRC targets ‘late’ taxpayers with text message warnings
UK taxpayers and Small and Medium-sized Enterprises (SMEs) have reported that they have been receiving ‘threatening’ text messages from HM Revenue & Customs (HMRC).Continue reading
Contactless spending nets £9.27 billion for UK economy
Almost three in five British consumers say that not having to hand over physical cash has led to them spending more at the counter, a new survey has revealed.Continue reading
HMRC announces another restructure
In the wake of ongoing criticisms surrounding Making Tax Digital (MTD), HM Revenue & Customs has announced plans for another reorganisation of its operations.Continue reading
UK taxpayers say Making Tax Digital exemption threshold is ‘too low’
The vast majority of UK taxpayers are complaining that a £10,000 annual income threshold, which would see small business and taxpayers exempt from Making Tax Digital (MTD) and its associated reporting requirements, is ‘too low’.Continue reading
Labour proposals call for HMRC overhaul
“Large companies” should publish their tax returns and whistle-blowers who expose financial wrongdoing must have protection under the law, the Labour party has said.Continue reading
Increasing number of SMEs self-funding through retained profits, says study
A new survey has suggested that UK Small and Medium-sized Enterprises (SMEs) are losing interest in external finance, and are increasingly turning to other means to drive business expansion, including self-funding through retained profits, accompanied by expert advice.Continue reading
HMRC to open helpline 12 hours a day, every day
HM Revenue and Customs (HMRC) has announced plans to extend helpline opening hours to improve customer service.Continue reading
Only a third of taxpayers happy with HMRC services, says study
Only a third of individual taxpayers say that they would describe HM Revenue & Customs (HMRC) as ‘fair and efficient’, according to a new study.Continue reading
Taxpayers challenging HMRC increasingly likely to come out on top, says study
A new study has revealed that UK taxpayers who challenge HM Revenue & Customs (HMRC) are increasingly likely to come out on top.Continue reading
Making Tax Digital “completely inaccessible” to rural businesses
HM Revenue and Customs (HMRC) has been urged to consider concerns from rural businesses with limited internet access.Continue reading
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