Do HMRC's customer service woes demand accountant intervention?
HMRC

Do HMRC's customer service woes demand accountant intervention?

4w Accountancy Age

Do HMRC's customer service woes demand accountant ...

HMRC’s telephone customer service is failing to meet expectations, with taxpayers experiencing an average wait time of nearly 23 minutes in the first ...

View article
Treasury announces £51 million to bring HMRC phonelines back up to target
HMRC

Treasury announces £51 million to bring HMRC phonelines back up to target

4w Accountancy Age

Treasury announces £51 million to bring HMRC phone...

The funding comes alongside HMRC’s long-term strategy for taxpayers to use digital options for queries in the first instance Read More...

View article
Foreign tax authorities made 9.5m disclosures to HMRC about UK taxpayers last year – 48% rise since 2019
HMRC

Foreign tax authorities made 9.5m disclosures to HMRC about UK taxpayers la...

1m Accountancy Age

Foreign tax authorities made 9.5m disclosures to H...

Data from tax authorities overseas help HMRC identify individuals who may be evading tax through offshore assets Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
HMRC collected £95.2 billion in business taxes in the last tax year
Brexit & Economy

HMRC collected £95.2 billion in business taxes in the last tax year

2m Accountancy Age

HMRC collected £95.2 billion in business taxes in ...

Tax take rises by almost 5% in 23-24 but income taxes jump by 10% Read More...

View article
Labour unveils plan to overhaul HMRC ahead of general election
HMRC

Labour unveils plan to overhaul HMRC ahead of general election

2m Rachael Kennedy

Labour unveils plan to overhaul HMRC ahead of gene...

Labour's plan to reform HMRC includes increasing the workforce by 5,000, investing in technology, and closing the £36 billion tax gap, aiming for fair...

View article
Boost for small businesses as VAT threshold raised and business rates frozen
Economy

Boost for small businesses as VAT threshold raised and business rates froze...

2m Accountancy Age

Boost for small businesses as VAT threshold raised...

28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Read More...

View article
Two thirds of accountants say poor HMRC services hurting small businesses
ACCA

Two thirds of accountants say poor HMRC services hurting small businesses

3m Rachael King

Two thirds of accountants say poor HMRC services h...

Following the Chancellor’s Spring Budget on March 6, the Association of Chartered Certified Accountants (ACCA) surveyed its members for their insight ...

View article
Embarking on modernisation: HMRC launches MTD ITSA Pilot for a streamlined tax system
HMRC

Embarking on modernisation: HMRC launches MTD ITSA Pilot for a streamlined ...

3m Accountancy Age

Embarking on modernisation: HMRC launches MTD ITSA...

HMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...

View article
HMRC admits MTD will be costly for landlords
HMRC

HMRC admits MTD will be costly for landlords

4m Rachael King

HMRC admits MTD will be costly for landlords

HM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....

View article
HM Treasury adds uncertainty on AML reform
HMRC

HM Treasury adds uncertainty on AML reform

4m Accountancy Age

HM Treasury adds uncertainty on AML reform

HM Treasury’s response to questions posed by the Association of Accounting Technicians (AAT) regarding proposed reforms to anti-money laundering...

View article
HMRC collects £1bn in unpaid tax from landfill tax investigations  
HMRC

HMRC collects £1bn in unpaid tax from landfill tax investigations  

4m Accountancy Age

HMRC collects £1bn in unpaid tax from landfill tax...

  HMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...

View article
R&D tax changes risk deterring business investment, Lords report warns
HMRC

R&D tax changes risk deterring business investment, Lords report warns

4m Accountancy Age

R&D tax changes risk deterring business investment...

The House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...

View article
HMRC to mandate payrolling of benefits from April 2026: Implications and preparations for accountants
Business

HMRC to mandate payrolling of benefits from April 2026: Implications and pr...

5m Accountancy Age

HMRC to mandate payrolling of benefits from April ...

This regulatory update aims to simplify the reporting process, reduce administrative burdens, increase accuracy, and provide real-time reporting capab...

View article
Is consolidation the answer to the UK’s R&D advisory problem?
HMRC

Is consolidation the answer to the UK’s R&D advisory problem?

6m Rachael Kennedy

Is consolidation the answer to the UK’s R&D adviso...

Amidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...

View article
Phil Thompson loses IR35 case
HMRC

Phil Thompson loses IR35 case

6m Accountancy Age

Phil Thompson loses IR35 case

The recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...

View article
HMRC shifts greater responsibility to insolvency practitioners following cessation tax clearance services
HMRC

HMRC shifts greater responsibility to insolvency practitioners following ce...

6m Accountancy Age

HMRC shifts greater responsibility to insolvency p...

Will the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...

View article
New HMRC tax rules set to impact online sellers
HMRC

New HMRC tax rules set to impact online sellers

6m Rachael Kennedy

New HMRC tax rules set to impact online sellers

From January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...

View article
Kaye Adams defeat of HMRC should set IR35 precedent
Brexit & Economy

Kaye Adams defeat of HMRC should set IR35 precedent

6m Accountancy Age

Kaye Adams defeat of HMRC should set IR35 preceden...

Landmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...

View article
HMRC launches campaign targeting crypto tax evaders
Digital assets

HMRC launches campaign targeting crypto tax evaders

6m Accountancy Age

HMRC launches campaign targeting crypto tax evader...

It is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...

View article
Master the art of end-of-year prep for Limited Company clients
Business

Master the art of end-of-year prep for Limited Company clients

7m Accountancy Age

Master the art of end-of-year prep for Limited Com...

Discover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...

View article
HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

7m Accountancy Age

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

View article
Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry
Contracting

Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry

7m Greg Noble

Veteran Conservative MP IR35 tenacity ‘welcomed’ b...

Sir John Redwood is advocating for Jeremy Hunt to include a series of “economical” tax reductions in his November 22 Autumn Statement Read More...

View article
Significant tax changes in Autumn Statement could be viewed ‘negatively’ by businesses
Budget

Significant tax changes in Autumn Statement could be viewed ‘negatively’ by...

7m Greg Noble

Significant tax changes in Autumn Statement could ...

The cumulative corporation tax earnings from April to September reached £43.3 billion Read More...

View article
As resources wear thin, HMRC must turn to digital
HMRC

As resources wear thin, HMRC must turn to digital

8m Helen Thornley

As resources wear thin, HMRC must turn to digital

At the end of September, HMRC announced new restrictions to the Agent Dedicated Line (ADL). Helen Thornley, technical officer at the ATT, breaks down ...

View article
WATCH: Scepticism growing towards MTD for ITSA
HMRC

WATCH: Scepticism growing towards MTD for ITSA

9m Greg Noble

WATCH: Scepticism growing towards MTD for ITSA

The most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...

View article
AAT: HMRC needs more support and longer-term thinking
HMRC

AAT: HMRC needs more support and longer-term thinking

9m Adam Harper

AAT: HMRC needs more support and longer-term think...

The proportion of telephone adviser attempts handled declined from 77.3% in 2021, to 71.1% - dropping further adrift of HMRC’s target of 85% Read More...

View article
IR35 double taxation removal could be ‘huge moment’
Contracting

IR35 double taxation removal could be ‘huge moment’

9m Greg Noble

IR35 double taxation removal could be ‘huge moment...

In April 2023, HMRC launched a consultation on the IR35 off-payroll working rules, with the prospect of eradicating the double taxation problem Read M...

View article
1 2 3 10