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
Guide to the end of the tax year - 10 February 2017
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
Fresh concerns raised over forthcoming IR35 changes - 9 February 2017
The Association of Independent Professionals and the Self-Employed (IPSE) and other contractor bodies have issued fresh warnings about forthcoming reforms to IR35.
Samantha Riley, a young accountant at prominent Bradford accountancy firm Watson Buckle, has been shortlisted as one of six finalists for the Young Accountant of the Year Award 2017, in conjunction with the West Yorkshire Society of Chartered Accountants. Watson
Making Tax Digital faces fresh criticism from House of Lords - 8 February 2017
The Government’s hotly-contested Making Tax Digital (MTD) project is now facing fresh criticism over its proposed £10,000 a year exemption threshold, above which businesses and self-employed individuals will need to report to HM Revenue & Customs (HMRC) on a quarterly
Microbusinesses less confident than SMEs, study finds - 7 February 2017
Almost three quarters (73 per cent) of small and medium-sized enterprises (SMEs) at the larger end of the scale are anticipating business growth over the next two years, while only 45 per cent of microbusinesses are eyeing up similar ambitions.