From 1 January 2023 until 31 January 2023, HMRC has announced that the agent dedicated line (ADL) will be able to answer questions on complex self-assessment queries only. The...
John Swinney, deputy first minister, delivered the Scottish government’s 2023-24 Budget on 15 December 2022. However, his speech had been postponed for 30 minutes while...
Pensions are treated more favourably by the tax system as a vehicle for bequests than they are as a retirement income vehicle. The sooner this anomaly is addressed the better, says...
The government should think again about its plans to make it compulsory for self-employed businesses and landlords to keep digital records and report their income quarterly from...
HMRC has updated the P87 form to clarify the additional mandatory information requirements required from 21 December 2022:mandatory fields have been marked with an asterisk; the...
A consultation seeks views on draft regulations – Indirect Taxes (Notifiable Arrangements) (Amendment) Regulations 2023 – for the disclosure of tax avoidance schemes for VAT and...
Real-time digital reporting for VAT purposes based on e-invoicing will be required for businesses that operate cross-border from 2024. The legislation makes e-invoicing mandatory...
Following the processing of P11Ds and the reconciliations for the 2021-22 tax year, HMRC identified an issue that affected businesses with a company car registered on or after 6...
More than 50,000 taxpayers have used the HMRC app to make £50m in self-assessment payments since February 2022, HMRC has revealed.In October, more than 6,700 self-assessment...
A gang suspected of being behind a multi-million pound global fraud that uses software to hide till sales has been targeted with the arrest of five people by HMRC.This is the...
The closure of HMRC’s phonelines and online services was likely to have resulted in 99,000 missed calls, according to Jim Harra. The HMRC chief executive and first permanent...
HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 December 2022, until further notice.For one month from the date of change, employers...