Prime Minister Theresa May has insisted that the Conservative Government will not increase VAT for the next five years if the party wins the upcoming General Election on 8 June. However, the PM has refused to confirm whether other levies
An MP has filed a motion to review the tax treatment of those who HM Revenue & Customs have challenged over the use of an avoidance scheme. Greg Mulholland, MP for Leeds North West, claimed that it should be the
HM Revenue & Customs (HMRC) has been criticised over its decision to keep IR35 reforms in the Finance Bill 2017 amidst concerns that the new rules “have not been reviewed in detail ahead of the General Election”. The news comes
In a surprise move, the Government’s hotly contested Making Tax Digital (MTD) project has been dropped from Finance Bill 2017 – the last Bill to be debated in the House of Commons prior to the snap General Election.
Online sellers could face further crack downs from HMRC - 24 April 2017
Members of Parliament (MPs) have called upon internet selling platforms such as eBay and Amazon to work harder to ensure that regular users are declaring their online income to HM Revenue & Customs (HMRC). The calls come after HMRC previously
The Government has warned companies to be aware of important anti-money laundering rule changes coming this summer. From June 26, people with significant control (PSC) will no longer be updated on the confirmation statement (CS01). Directors should instead inform Companies
A new study suggests that almost half of small and medium-sized enterprises (SMEs) believe that the Government’s Making Tax Digital (MTD) project will overcomplicate tax. The study, carried out by cloud software company Pandle, quizzed 1000 SMEs and found that