Business News


Documents reveal HMRC plans to secretly access bank account information


6 Aug 2018

Documents published online have revealed HM Revenue & Customs’ (HMRC) plans to secretly access bank account information. The planned new …
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Tens of thousands of fake HMRC websites taken down


6 Aug 2018

Figures published by HM Revenue & Customs (HMRC) show that 20,750 malicious websites have been taken down over the last …
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HMRC collects more than £30 billion worth of extra tax in last financial year


6 Aug 2018

New figures from HM Revenue & Customs (HMRC) have revealed that the tax authority brought in a total of £605.8 …
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MTD for VAT clarified in new communication from HMRC


6 Aug 2018

HM Revenue & Customs (HMRC) has finally issued a new notice on Making Tax Digital for VAT in which it …
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More than 100,000 first-time buyers benefit from Stamp Duty Land Tax reforms


6 Aug 2018

HM Revenue & Customs (HMRC) has published data which reveals that more than 100,000 first-time buyers have benefited from Stamp …
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Taxpayers warned of Requirement to Correct as deadline approaches


6 Aug 2018

Taxpayers with undeclared offshore tax liabilities, including Income Tax, Capital Gains Tax or Inheritance Tax, are obligated to disclose these …
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Reminder on changes to Corporation Tax notices


6 Aug 2018

On 19 September 2016 HM Revenue & Customs (HMRC) decided to stop sending out paper copies of several important documents …
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UK’s tax gap continues to fall


5 Jul 2018

Figures released by HM Revenue & Customs (HMRC) show that the UK’s tax gap – the difference between tax owed …
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Small businesses say the Government should simplify business rates


5 Jul 2018

A survey has revealed strong support from the UK’s small business community for measures to simplify business rates. A total …
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Professionals call on Treasury not to lower VAT threshold before MTD and Brexit


5 Jul 2018

The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has called on the Treasury to …
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