Self assessmentThe deadline for 2020-21 self-assessment tax returns submitted on paper is 31 October. Online returns must be filed by 31 January 2022. HMRC states that more than...
The Pandora papers leak has put the HMRC on high alert to investigate tax affairs of those who have made use of offshore tax arrangements, according to the law firm RPC.Adam...
Recent statistics indicate that the overall tax take HMRC received in the year to 31 August 2021 increased by more than £105bn year on year, says tax and advisory firm Blick...
Government figures show residential property transactions in August 2021 totalled 93,000, 20.8% higher than August 2020 and 32% higher than July 2021, however this was following a...
Some 136 countries and jurisdictions, representing more than 90% of global GDP, have agreed a global minimum 15% corporation tax rate.The two-pillar solution would apply to global...
Owners of UK holiday lets will face investigations by HMRC if they fail to properly report their earnings from Britain’s record staycation boom of the last two years, warns...
Joint and several liabilityHMRC has published new guidance explaining how it deals with taxpayers who are involved in tax avoidance, tax evasion or repeated insolvency who receive...
The government announced its intention to introduce an economic crime levy in the 2020 Budget and issued a consultation on the design principles of the levy and how it could...
After the summer consultation seeking views on the policy design for the new residential property developer tax (RPDT), the Treasury is holding a technical consultation on the...
In 2019-20, the estimated total number of research and development (R&D) tax credit claims was 85,900, an increase of 16% from the previous year, according to HMRC’s...
Expats who own a buy-to-let property in the UK are continuing to approach HMRC to admit they have evaded tax, according to research carried out by UHY Hacker YoungThe accountancy...
Firms that have overclaimed or decided they no longer need payments received through the coronavirus job retention scheme handed back £300m in the past three months,...