The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.
According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).
HM Revenue & Customs (HMRC) plans to investigate cryptocurrency investors in a bid to crackdown on tax evasion, a report suggests.
The Government will establish 10 new ‘Freeports’ in a bid to boost growth and encourage trade after the UK leaves the EU.
HM Revenue & Customs (HMRC) collected £122 million in extra tax from overseas assets in the 2018/19 tax year, following the introduction of the new Common Reporting Standard (CRS) tax regime.
A radio presenter has become the latest high profile person to win an IR35 tribunal case against HM Revenue & Customs (HMRC).
At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.
HM Revenue and Customs (HMRC) has recently issued nearly 350,000 incorrect short tax returns, indicating an error in taxpayers’ capital gains allowance.
The tax gap – the difference between the amount of tax that should be paid and what is actually paid – has shrunk to just 5.6 per cent.
The length taken to settle HM Revenue & Customs (HMRC) tax investigations reached an all-time high in March 2019.