Tax

HMRC Talking Points

HMRC’s regular Talking Points webinars provide information, guidance and tips to help you understand tax issues. Forthcoming ones include: Expenses & benefits – Trivial benefits: This webinar is part of a series covering expenses and benefits. It has been designed to provide an overview of trivial benefits including what is a trivial benefit, what conditions have to be met to be

Read more

Read more

Bring PAYE into the modern world, say OTS

The UK’s PAYE system needs a major overhaul to bring it into the modern world, says a new report from the Office of Tax Simplification. The OTS is calling on the government to create a more joined-up approach between employers, tax agents and HMRC. Bill Dodwell, OTS tax director said: “HMRC data shows over 70% of small businesses use a

Read more

Read more

Millions raised from tax evading dog breeders

More than £5 million has been raised by a HMRC taskforce tackling dishonest dog breeders who sell puppies on the black market. HMRC set up the taskforce in October 2015 after discussions with animal welfare groups suggested tens of thousands of puppies were being reared in unregulated conditions and sold illicitly every year. Officers uncovered fraudsters selling puppies on a

Read more

Read more

MTD VAT Service scheduled maintenance

HMRC will be undertaking scheduled maintenance to the Making Tax Digital (MTD) service, in order to deliver additional functionality for those using the service. As a result, some services will be unavailable from 4pm on Saturday 11 May until 4pm on Monday 13 May. During this maintenance period, users will be unable to: Sign up for Making Tax Digital, Create

Read more

Read more

HMRC’s harnesses new tech to track down tax evaders

Connect, HMRC’s sophisticated information-gathering system, is being used more and more to identify income and gains that have not been declared, according to accountancy firm BlickRothenberg. Not only that, but the information the government agency can call upon to check whether an individual or company is evading tax is growing all the time, and becoming more sophisticated. Jessica McLellan, a

Read more

Read more

Springtime tax scams target young and vulnerable, warns HMRC

Young adults who may have less experience of the tax system should be especially vigilant against springtime refund scams, HMRC is warning. Scammers are increasingly targeting vulnerable or elderly people and those with less familiarity with the tax system, such as young adults. During April and May, fraudsters regularly blitz taxpayers with refund scams by email or text pretending to

Read more

Read more

Playing field for tax not level, say UK’s small businesses

Businesses believe the UK tax system is fundamentally unfair and want more support to stay compliant, according to new research from the British Chambers of Commerce. Its survey of over 1,000 firms from across the UK found that nearly three-fifths (58%) of respondents think that the UK tax regime is unfair to businesses like theirs. The findings largely signal concerns

Read more

Read more

HMRC Talking Points

HMRC’s regular Talking Points webinars provide information, guidance and tips to help you understand tax issues. Forthcoming ones include: Statutory Maternity Pay: This webinar has been designed to provide guidance on what payments can be made and how to work them out. HMRC subject matter experts will be online during the webinar to take your questions. Thursday 25 April – 1pm

Read more

Read more

Making Tax Digital – information required by Agents to sign up a client

HMRC has provided further details on business information which is requested during an agent led sign up to Making Tax Digital. Please click here to view a flowchart that shows the information requested when an agent signs up a business, which varies slightly depending on the entity type.  

Read more