Crack down on unpaid CGT raises £140m for HMRC - 16 February 2017
New research suggests that investigations into unpaid Capital Gains Tax (CGT) managed to raise an additional £140million for HM Revenue & Customs (HMRC) over the course of the last financial year. The news comes as part of an ongoing crackdown
Spiralling business rates close four pubs every day - 15 February 2017
Around four pubs close their doors every day in the face of rising business rates, a new study has revealed.
Taxpayers waiting longer for HMRC enquiries to close, says study - 14 February 2017
A new study suggests that HM Revenue & Customs (HMRC) enquiries are taking longer to close – and that taxpayers had to wait an average of 60 days (or 24 per cent) longer for the Revenue to complete investigations last
HMRC publishes long-awaited responses to Making Tax Digital consultations - 14 February 2017
The Government’s long-awaited responses to six consultations about Making Tax Digital (MTD) which were originally opened in August 2016 have now been published. Despite ongoing criticisms regarding the proposed short MTD timescale, HM Revenue & Customs (HMRC) has now confirmed
Tax changes for non-doms just around the corner - 13 February 2017
Important changes to the tax treatment of non-domiciled (non-dom) individuals in the UK are due to take effect from the beginning of April – and those who believe they might be affected are strongly urged to seek advice.
Fraudsters rev up ‘phishing’ emails in tax season - 10 February 2017
Fraudsters are continuing to target taxpayers with fake HM Revenue & Customs (HMRC) emails in an effort to steal private and confident information. The ‘phishing’ emails raged rampant around the 31 January tax return deadline, the time when taxpayers most
Don’t miss out on grandparents’ pension boost - 9 February 2017
A request under the Freedom of Information Act has revealed that just 1,300 people have claimed National Insurance (NI) credits, which can help them ensure their entitlement to the full state pension when they reach retirement age, if they have