HMRC

Taxman challenges firms capitalising on more generous R&D credit regime

The taxman is clamping down on companies looking to capitalise on a more generous research and development (R&D) tax credit regime. HM Revenue & Customs (HMRC) has disputed £425m in R&D credits over the last year, up from £90m in the previous 12 months, according to law firm Pinsent Masons. The rise comes after a more generous Research and Development

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HMRC Talking Points sessions – October 2017

HMRC’s regular Talking Points meetings provide ongoing information, guidance and tips, helping you to understand tax issues. Please find further details of future scheduled online meetings below: Income from Property, minimising the risk for individuals: Dealing specifically with expenses, deductions, allowances, reliefs and repairs. HMRC will also look at the relief for the replacement of domestic items and the restrictions

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No more paying tax bills at the Post Office

HMRC has confirmed that from 15 December 2017 taxpayers will not be able to make payments for outstanding tax bills at any Post Office via cheque, cash or card. The Post Office payment system will go but cheque payments will still be accepted by post. Other means of payment by direct debit (where applicable), online or telephone banking (faster payments),

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Join HMRC’s user panel and help it to improve

HM Revenue and Customs (HMRC) is looking for volunteers to join its user panel and help shape its online services. If you’d like to get involved, you can join the HMRC user panel to test its services and give your feedback. You’ll need to answer a few simple questions about yourself, which should take around five minutes. You don’t need

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HMRC Talking Points sessions – September & October 2017

HMRC’s regular Talking Points meetings provide ongoing information, guidance and tips, helping you to understand tax issues. Please find further details of future scheduled online meetings below: National Minimum Wage (NMW) – common errors made by employers: Employers must pay the NMW and National Living Wage at the right rate. There are a number of errors that employers make which

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HMRC Talking Points sessions – August and September 2017

HMRC has arranged further Talking Points sessions. Please find further details of these online meetings below: HMRC Application Programming Interface (API) strategy and delivery update: Covering how APIs will change the way HMRC works with and supports, tax software developer products used by agents. Fr‌id‌ay 1‌8 Au‌gu‌st – m‌id‌da‌y to 1p‌m: Register now Submission of SA Returns affected by Exclusions: This

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New help for small businesses launched by HMRC

A new online tax forum and dedicated webchat service for small businesses and the self-employed has been launched by HMRC. The Small Business Online Forum is a quick and easy way for small businesses to get answers to their tax questions, as well as help with: starting a business support for growing a business – including taking on employees and expanding

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HMRC Talking Points sessions – July and August 2017

HMRC has arranged further Talking Points sessions. Please find further details of these online meetings below: Paying the right amount of tax through Pay As You Earn (PAYE): PAYE has changed. HMRC have improved the way they use real time information to make automatic adjustments to PAYE tax codes as they happen, rather than waiting until the end of the tax

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Do you give advice or services about tax or finance relating to offshore income or assets?

The new International Tax Compliance (Client Notification) Regulations 2016 came into effect on 30 September 2016 Under the UK’s Automatic Exchange of Information (AEOI) agreements, HMRC will soon begin to automatically receive data from over 100 jurisdictions about UK tax residents who have assets in offshore accounts. Before HMRC receives this information, people in industry who advise about overseas income

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