The number of company voluntary arrangements (CVAs) agreed by businesses with their creditors has fallen to just 110 in the 12 months to June 2022, down 47% from 206 in the...
Stamp duty land tax receipts reached £1.497bn in July 2022, according to HMRC statistics. This is higher than in any other summer month since records began and the only month...
Businesses in the UK and Northern Ireland selling their products and services online are falling behind their European and US counterparts when it comes to digitally transforming...
Agent Update 99
The August issue of Agent Update is available. It has various articles including on the UK implementation of global tax reform, the new approach to VAT compliance...
A group of tax professionals and friends have signed up to complete the #Kili-Tax2022 sponsored challenge to ascend Mount Kilimanjaro. This is in aid of the UK tax charities TaxAid...
A freedom of information request to HMRC has revealed that 211,381 trust registrations have been received since the trust registration service began in June 2017. This is an...
HMRC chief executive Jim Harra has written to accountancy firm to tell them clients will not be able to use their existing VAT online account to file their quarterly or monthly VAT...
HMRC is developing granular permissions in the agent services account (ASA) that will allow agents to control who in their business can access client records, with the option to...
Homeowners who rented out properties during the Commonwealth Games are being reminded by HMRC of their tax responsibilities.Anyone who rented out properties during the games as a...
In the year ending March 2022, £1.05bn was paid out across all of the creative industries tax reliefs, according to HMRC statistics. This is a decrease from the £1.32bn...
Email
A new factsheet CC/FS72 is available about corresponding with HMRC by email.
tinyurl.com/hmrcccfs72
Trusts
HMRC has updated its trusts guidance to cover its duty of care...
HMRC has completed a review of feedback from employers who use PAYE settlement agreements and, as a result, it has redesigned the PSA1 form.The department is encouraging all...