Watch out for tax scams, warns HMRC
HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity.
Industry leader says economy will be hit by removal of diesel rebate
The removal of the red diesel rebate in April will have a major impact on the economy, a leading construction business organisation has claimed, and called for the measure to be deferred.
End of tax-free shopping: what is the impact on tourism?
Following Brexit, the UK removed tax-free shopping for tourists which is now having an impact on Britain’s prospects as an international shopping destination, new research reveals.Continue reading
Act now to continue receiving tax credits, says HMRC
Workers and self-employed business owners who claim tax credits, Child Benefit or Guardian’s Allowance have just one month left to switch their Post Office card account, it has been warned.
Almost one million taxpayers handed late submission penalty after missing Self Assessment deadline
Nearly one million taxpayers have been fined after failing to submit their tax return on or before the 28 February Self Assessment deadline, it has been revealed.
Several UK hospitality firms refuse to serve Russian products
In response to the devastating events happening in Ukraine, several groups in the UK hospitality sector are refusing to serve Russian products, which mainly consists of Russian vodka.
How would an Online Sales Tax affect your business?
The UK Government is set to assess whether to introduce an Online Sales Tax (OST) as a solution to the tax imbalance in the retail sector.Continue reading
Are you prepared for payroll changes this April?
Employers have been urged to prepare for changes to automatic enrolment, the minimum wage, and taxes this April.
Here’s how you can claim the 2022 council tax rebate
Households must set up a direct debt with their local council before they can receive the 2022 council tax rebate, it has been confirmed.
HMRC to close helplines one day a week to clear backlog
VAT and Corporation Tax helplines at HM Revenue & Customs (HMRC) will close for one day a week to help clear the backlog built up during the COVID-19 pandemic.Continue reading
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