From 6 April 2023, HMRC will no longer accept new informal payrolling benefits arrangements. Employers who have informal payrolling in place must register now to payroll expenses...
HMRC began issuing P9 notice of coding email notifications to employers on 6 February 2023 and expects to complete the process by 5 March 2023.The notice advises that...
The income tax collected by HMRC through self assessment rose by 33% year-on-year to a record £21.9bn in January 2023, up from £16.4bn the previous year, according to...
HMRC has issued a reminder that the new penalties will apply to VAT return periods which start on or after 1 January 2023 which, for businesses filing on a monthly basis, will...
Upcoming changes to research and development (R&D) tax incentives could lead to 50% of UK science and technology businesses moving some of their R&D activity abroad,...
Employers need to allow at least three extra days to arrange any new variable direct debits to pay their PAYE liabilities because of delays in processing times, HMRC has informed...
VAT registrationHMRC has updated VAT Notice 700/2 ‘Group and divisional VAT registration’ to make clear in section 7.5 that the amount of £7,500 relates to the output tax, and...
From 31 January 2023, companies and their agents must complete and submit enterprise investment scheme (EIS) and seed enterprise investment scheme (SEIS) compliance statements...
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...