Archive

HMRC defends ‘confusing’ IR35 changes

HM Revenue & Customs (HMRC) has responded to criticisms over its forthcoming reforms to IR35, which will see public sector companies such as recruitment agencies responsible for determining whether contractors operating through personal service companies (PSCs) are caught by IR35.

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Customer service standards slipping at HMRC, study suggests

Customer satisfaction with the services provided by HM Revenue & Customs (HMRC) is slipping, a new study suggests.

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Business rates due a complete overhaul, say industry bodies

Trade bodies have called for a total rethink on Business Rates following research showing that thousands of businesses could close after April’s revaluation.

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HMRC defends Making Tax Digital timescale at House of Lords

Taxpayers, businesses and HM Revenue & Customs (HMRC) alike will “learn very quickly” from the Government’s year-long Making Tax Digital (MTD) pilot scheme, which will be phased in from April this year. The comments come from Jim Harra, director general

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Large companies must reveal how quickly they pay suppliers, Government announce

From 06 April 2017, all large companies with a turnover of £36 million or more will be forced to publish twice-yearly payment practice reports. Experts estimate that the ‘Duty to Report’ legislation, which will force LLPs and companies to detail

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SMEs spending too much time on administrative tasks, says study

New research suggests that UK small and medium-sized enterprises (SMEs) are spending an average of more than four hours a week completing administrative and finance-related tasks – and losing approximately £8.72billion every year as a result.

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7.4 million taxpayers now using HMRC’s digital personal tax accounts, says study

HM Revenue & Customs (HMRC) has hailed its new personal tax accounts (PTAs) ‘a success’, after data revealed that more 7.4 million taxpayers had signed up for its digital accounts by the end of 2016. According to reports, the Revenue’s

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EU proposes markedly lower country-by-country reporting threshold

The European Courts are considering a move to lower the threshold in which businesses must report country-by-country revenues, it has emerged. Targeting a much wider group of multinationals, the threshold could be reduced from €750m (£637m) to just €40m (£34m).

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Legal fee ‘cap’ proposed for law firms involved in NHS negligence claims

Reports suggest that the Government will introduce a cap on recoverable legal fees for law firms involved in NHS negligence claims. According to a new consultation paper, the fee a law firm can recover in an NHS negligence claim will

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Law Society says Brexit negotiations must ‘preserve the rights’ of the legal sector

In a report entitled Brexit and the law, the Law Society has called upon the Government to ‘preserve the rights’ of the UK’s £26billion legal sector during Brexit negotiations with the European Union (EU). The full report, which can be

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