Business news

Tax investigations reap in £13 billion for the treasury - 10 September 2019

The latest official data from HM Revenue & Customs (HMRC) shows that the actual cash collected from all tax investigations …

Half of all SMEs make VAT return mistakes - 10 September 2019

Half of all small-medium sized enterprises (SMEs) make errors when filing their VAT returns, according to the latest research. The …

Boots, Asda and Specsavers push back against business rates - 10 September 2019

Some of the UK’s top retail stores, including Asda and Boots, have joined the fight against spiralling business rates. It …

MTD for VAT filing deadline missed by one in ten businesses - 10 September 2019

HM Revenue & Customs (HMRC) has reassured the 120,000 businesses that failed to meet the 7 August deadline for Making …

Making a voluntary disclosure to HMRC - 10 September 2019

Taxpayers are actively encouraged by HM Revenue & Customs (HMRC) to inform the tax authority if they realise that they …

Government delays introduction of VAT reverse charge! - 10 September 2019

The controversial introduction of the VAT reverse charge in the construction sector has been postponed by a year and will …

What your business needs to know about VAT - 5 September 2019

Whether you’re a seasoned pro or a tax newbie, VAT can cause major headaches for business owners. From VAT schemes …

New figures show that a quarter of estates paying Inheritance Tax (IHT) are investigated by HMRC - 20 August 2019

The response to a Freedom of Information (FoI) request has revealed that as many as one in four estates that …