So advisers have reported some small companies have received demands for overdue monthly payments from HMRC when they are actually allowed to pay them quarterly.
In one case this saw a company which wasn’t due to pay its quarterly tax bills for another month informed that its July and August PAYE/ NIC was overdue.
HMRC is currrently leaving no stone unturned in its efforts to maxmise the tax take.
But it is clearly under such pressure to bring in money that the haul it collects may include minnows who shouldn’t have been there in the first place…
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states