Cost-of-living crisis ‘biggest threat’, say four in five SMEs Some 78% of small businesses say the cost-of-living crisis is the biggest threat to their survival in the coming year. However,
HMRC urges customers to leave tax avoidance scheme Individuals using a tax avoidance scheme provided by Peak PAYE Ltd are being urged to withdraw from it and to contact HMRC
Gamers encouraged to check pay packets Gamers playing Angry Birds, The Sims, FIFA, Sugar Blast and others are to be targeted with adverts calling on them to check they are
AAT says no to Online Sales Tax AAT recently became the ‘first and only’ professional accountancy body to publicly oppose HM Treasury’s proposals for an Online Sales Tax (OST). AAT
VAT revenue hits record high of £157bn HMRC collected a record £157.2bn from VAT in the last financial year, a 55% hike on the £101bn collected in 2020/21, after businesses
HMRC uses new powers to clamp down on till fraud In a targeted day of action, HMRC officers visited businesses across the country in an operation to tackle till fraud,
Taxman targets firms using ‘high risk’ tax havens HMRC is tracking 277 British businesses it suspects of using tax havens to artificially reduce their tax bills in the UK, according
Top tips for exam success Exam and career coach James Perry is well worth following on LinkedIn. He recently posted his top tips for exam success, and here’s a selection
New government proposals ‘will facilitate economic crime’ Government proposals to reduce transparency around small company accounts will lead to an increase in economic crime including money laundering, according to a
Students ‘reluctant to seek help for mental health issues’ Students’ mental health in the UK may be significantly worse than previously thought, according to a new study, which found that
UK economy ‘grinding to a halt’ – and worse is to come The UK economy is “grinding to a halt”, with a big drop-off in consumer spending damaging private sector
Mandating the use of P87 forms: agents’ FAQs HMRC now has the power to specify the format of P87 applications after new legislation came into force. The Revenue has updated
