Meanwhile, most tax advisers will be taking things easy this week after the rush to meet last week’s self-assessment deadline.
Not all, however. The latest figures from the Revenue indicate there are more than 800,000 returns still at large – the biggest figure since self-assessment was introduced.
As a result, it could collect as much as £80m in fines.
Other tax news this week included moves by Brussels to impose VAT on ‘virtual’ goods and revelations that Elton John is locked in battle with the Revenue over his national insurance contributions.
Special features on AccountancyAge.com this week include a detailed look and reactions to the US watchdog’s clampdown on auditor independence which last week forced the resignation of a top British PricewaterhouseCoopers partner.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy