An unsuccessful expenses claim for pet food for a Shih Tzu “guard dog” has been included in HM Revenue & Customs’ (HMRC) annual list of “imaginative and questionable tax claims”.
New changes are set to come into force in April 2019 that will affect individuals and contracts that provide personal services through an intermediary for medium-sized and large businesses.
With less than one month to go until the Self Assessment deadline, HM Revenue & Customs (HMRC) is reminding taxpayers of their legal responsibilities.
Experts are warning taxpayers to be aware of the copycat website that appears to be similar to HM Revenue & Customs’ (HMRC) official website, with the firm charging exorbitant fees to claim the Marriage Allowance rebate.
More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed.
According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years.
There are plenty of misconceptions around ‘reducing’ corporation tax. Not to be confused with ‘evading’ tax, reducing tax is perfectly legal and even encouraged.
HM Revenue & Customs (HMRC) has launched an updated Check for Employment Status for Tax (CEST) service ahead of the introduction of the IR35 off-payroll working rules for the private sector on 6 April 2020.
The amount of VAT collected in the last 12 months has risen to a record £133 billion, with a significant contribution from the retail and wholesale sectors.
According to industry figures, the number of people arrested in the UK on suspicion of tax evasion has reached the lowest level for five years.
HM Revenue & Customs (HMRC) has lost a case against an IT Consultant that the tax body deemed liable for £243,000 in tax under the IR35 rules.
According to accounting software provider, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their VAT returns, while just a quarter (25 per cent) feel confident that they have filed their
Did you know that last year, HM Revenue & Customs (HMRC) received almost 900,000 reports from the public about suspicious calls, texts and emails?
On 1 November 2019, HM Revenue and Customs (HMRC) published detailed guidance relating to all taxes regarding the treatment of cryptoasset transactions.
Business owners hit by recent flooding will have “immediate relief” on their business rates, it has been announced.