Five UK accountancy firms have been named by HMRC for taking fees to refer clients into a tax avoidance scheme. HMRC warns users to seek guidance to a...
View articleHMRC anticipates that 2.9 million individuals with self-employment or property income will join Making Tax Digital between 2026 and 2028. Uptake will ...
View articleHMRC's revelation that it is using AI to monitor taxpayers’ social media posts in criminal investigations has sparked a heated debate on data privacy,...
View articleMaking Tax Digital for Income Tax will reshape reporting from April 2026. Here’s what accountants need to know: thresholds, deadlines, and preparation...
View articleHM Revenue and Customs (HMRC) will send 1.4 million letters in the coming months to alert UK taxpayers about unpaid income tax as part of its annual c...
View articleTaxpayers urged to appeal fines as experts warn many could be wrongly penalised Read More...
View articleHMRC has officially ruled out plans to introduce Making Tax Digital for Corporation Tax, confirming the shift in its July 2025 Transformation Roadmap....
View articleHMRC is preparing to launch a wave of new tax investigations targeting high-income earners and individuals with substantial assets, according to new i...
View articleAs HMRC ramps up efforts to digitise the UK tax system, FreeAgent is doubling down on its efforts to support accountants and clients through the MTD t...
View articleTax avoidance and evasion among the UK’s wealthiest individuals is on the rise, with underpaid liabilities climbing from £1.9bn to £2.1bn in the last ...
View articleThe UK tax gap held steady at 5.3% in 2023–24, translating to £46.8 billion in unpaid taxes, according to the latest HMRC statistics. While the percen...
View articleSelf-employed workers are flooding the internet for Making Tax Digital (MTD) guidance as HMRC helplines fall short, leaving many scrambling for answer...
View articleHMRC has lost £47m to a sophisticated phishing fraud that saw organised criminals exploit stolen personal data to create or hijack around 100,000 PAYE...
View articleNearly 800,000 self-employed individuals and landlords earning over £50,000 will need to overhaul how they handle income tax, as HMRC prepares to roll...
View articleDenise Howarth, a self-assessment taxpayer with a previously spotless record, has successfully overturned £1,770 in fines and interest after a tribuna...
View articleCorporation Tax, VAT, and PAYE arrears surge as firms delay payments to preserve liquidity Read More...
View articleBy day two at Accountex 2025, the conversation had sharpened. What once passed as deadlines, compliance demands, and rising client expectations now we...
View articleHM Revenue and Customs (HMRC) is facing mounting criticism after reports surfaced of significant delays in processing tax refunds, with some individua...
View articleUK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...
View articleIn a move that will bring hundreds of thousands of additional taxpayers into scope, the UK government confirmed yesterday it will lower the threshold ...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleBusinesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...
View articleBusinesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleFor over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...
View articleThe UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleThe UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...
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