The taxman is to waive the right to interest on taxes paid late if they were
held because of a national disaster.
HMRC will also waive surcharges payable on late returns if they too are
caused by events such flooding which devastated parts of the country in June and
July last year.
The provision, to be introduced in the 2008 Finance Act will be modelled on
the concessions given to the victims of foot and mouth disease in 2001.
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