Category: HMRC
Business freedoms – Contemplating a long-term self-employed future?
Business freedoms - Contemplating a long-term self-employed future? Self-employment enables you to exercise your sense of freedom in business decision-making…
Benefits of a Members Voluntary Liquidation
Benefits of a Members Voluntary Liquidation What are the benefits of a Members' Voluntary Liquidation? HMRC have recently announced amendments to their guidance on the tax treatment of distributions on…
More Brits turning people in to HMRC for tax evasion
The number of calls to the UK tax authority’s fraud hotline doubled last year, with more than 40,000 tip-offs from informants claiming they are aware of someone they know not…
VAT for businesses if there’s no Brexit deal
VAT for businesses if there’s no Brexit deal - Debra Dougal comments HMRC recently published a document detailing how VAT rules for UK businesses trading…
HMRC launches new customs service
Businesses trading internationally can now use the first iteration of the new Customs Declaration Service (CDS). (more…)
HMRC launches new customs service
Businesses trading internationally can now use the first iteration of the new Customs Declaration Service (CDS). (more…)
Have you used your unused pensions annual allowance?
HM Revenue & Customs (HMRC) has reminded taxpayers that they can carry forward any unused annual allowance if their pension savings exceed this year’s allowance. (more…)
AAT calls on Government to reconsider proposed Rent a Room tax relief changes
The Association of Accounting Technicians (AAT) has called on the Government to rethink its proposals to reform Rent a Room tax relief, amid concerns that…
The professions that pay the most income tax revealed
Bankers and insurance brokers face a bigger income tax burden than ever before, accounting for more of the Governments largest source of tax revenue than…
HMRC collects more than £30 billion worth of extra tax in last financial year
New figures from HM Revenue & Customs (HMRC) have revealed that the tax authority brought in a total of £605.8 billion in the year to…