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HMRC tried to shut down 440 companies in the three months to December 2022 over unpaid tax debts, according to new data from Mazars. This is a 46% increase from the 301 that it...

A company which charged taxpayers significant sums to make claims for tax refunds has been stopped from operating.Tax Credits Ltd (TCL) can no longer trade as a repayment agent...

HMRC has recently launched three more one-to-many letter campaigns.Some 2,024 letters were issued during the two weeks beginning 23 January 2023 to companies that have made...

The Scottish government is consulting on proposed changes to the land and buildings transactions tax (LBTT) additional dwelling supplement (ADS).Proposals include: Extending the...

Umbrella companiesHMRC has updated its guidance on working through an umbrella company, specifically who is responsible for paying the worker in the ‘how you get paid’ section –...

In 2021-22, the value of new debt was over 50% higher than the average for the tax years from April 2017 to March 2020, and this trend has continued throughout 2022-23....

HMRC collected almost £1.5bn in extra tax from investigations into large corporates shifting profits overseas in the past year, according the HMRC statistics. This brings the...

Only 20% of Scots correctly identified that income tax is a shared responsibility of the Scottish and UK parliaments, according to research carried out by the Chartered Institute...

The government should create a cross-sector taskforce to address the long-standing delays at HMRC, says ICAEW in its representations to the Treasury ahead of the Spring Budget...

HMRC’s VAT Notice 701/30 ‘Education and Vocational Training’ has been edited to remove an error in paragraph 15.1 which incorrectly stated that construction...

Self assessment A record 11,733,465 (97.3%) self-assessment tax returns were received on time, HMRC has revealed. 861,085 taxpayers filed their returns on 31 January. The peak hour...

HMRC is increasing interest rates for late payments for most taxes, after the Bank of England’s decision to increase the base rate to 4%.From 13 February 2023, the rate for...

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