Top tips to ensure your business is prepared for Brexit

The UK is currently scheduled to leave the European Union (EU) on 31 October 2019. However, it is still unclear whether that will be with or without a deal.

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Final opportunity to register for online self-assessment tax return for 2018/19

Taxpayers who are looking to file their self-assessment tax return online for the 2018/19 tax year need to have registered for an online account on the HM Revenue & Customs (HMRC) website before Saturday (5 October).

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Universities warned that students are vulnerable to tax scams

With universities across the UK welcoming new and returning students, HM Revenue & Customs (HMRC) has issued a warning about tax scams.

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Increasing number of pension savers hit by tax charges

An increasing number of people saving for retirement have been hit by tax charges for exceeding the amount they are allowed to put away tax-free.

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HMRC wins IR35 case against BBC presenters

HM Revenue & Customs (HMRC) has won an IR35 tribunal case against three BBC presenters at the High Court, which could have a significant impact on the broadcasting industry.

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Number of non-doms in the UK has fallen to a record low

According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low.

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120,000 businesses failed to meet the Making Tax Digital deadline

HM Revenue and Customs (HMRC) has revealed that 1.1 million businesses have now signed up for Making Tax Digital (MTD) and so far, 1.2 million VAT returns have been successfully submitted through the service.

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National Audit Office leads independent review of controversial Loan Charge

A major regulator will lead an independent review into the controversial Loan Charge scheme after concerns that taxpayers were “not ready” to face the penalty.

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Making Tax Digital: what happens next?

Making Tax Digital (MTD) for VAT was launched in April 2019, which means that hundreds of thousands of businesses are now recording and reporting their accounts digitally to HM Revenue & Customs (HMRC).

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Over £1.6 billion in tax owed to HMRC by self-employed

According to the latest industry research, HM Revenue & Customs (HMRC) is currently owed £1.6 billion in late tax payments from self-employed individuals for 2017 and 2018.

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Thousand-year-old coin collection is the earliest form of tax fraud

A thousand-year-old collection of Norman coins has been revealed as the earliest form of tax evasion.

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HMRC publishes IR35 guidance

HM Revenue & Customs (HMRC) has published its first in-depth guidance for off-payroll workers (IR35) and how they will operate in the private sector.

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UK creative sector receives more than £1.1 billion in tax relief

The UK’s creative industries received more than £1.1 billion in sector-specific tax reliefs in the last year, according to the latest research.

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CIOT urges HMRC to delay VAT reverse charge for the construction industry

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.

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Thousands of businesses struggling to get to grips with MTD

According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).

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