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.
UK industry is calling for the Government to delay plans to extend the IR35 tax law to the private sector.
A man who opened the first ‘Neolithic’ burial mound to be built in the UK for some 5,500 years has been asked to pay more than £13,000 in business rates.
The length taken to settle HM Revenue & Customs (HMRC) tax investigations reached an all-time high in March 2019.
HM Revenue and Customs (HMRC) has issued £1.8 million in refunds after reviewing cases where families were hit with penalties for failing to register for a charge relating to their child benefits.
HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.
HM Revenue & Customs (HMRC) has exceeded its prosecution referral target for the year ending March 2018.
According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks.
HM Revenue & Customs (HMRC) have been awarded the ruling in two cases involving disguised remuneration arrangements, reports have revealed.
As of today, UK based businesses that have a taxable turnover above the VAT threshold of £85,000 will be required to switch to the new digital tax service to report earnings and calculate VAT owed.