Business and Tax News - Hmrc

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May 23rd 2022
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HMRC - NEWS

Government Details Changes To Digital Tax For Small Businesses

BUSINESS TAX

Government Details Changes To Digital Tax For Small Businesses

Six new consultations launched by HMRC detailing changes to the way the new digital Taxman intends to operate - including deferring certain obligations for small businesses.
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Report on HMRC by National Audit Office Reveals Poor Statistics and Possible Tax Bill Errors

PERSONAL TAX

Report on HMRC by National Audit Office Reveals Poor Statistics and Possible Tax Bill Errors

HMRC's move toward an online service led to a deterioration in quality of service after sacking large numbers of staff and leaving over 3 million high-priority tax cases to be investigated for possible incorrect tax calculations.
Tax Avoidance Schemes Advance HMRC Two Billion Pounds

PERSONAL TAX

Tax Avoidance Schemes Advance HMRC Two Billion Pounds

New rules from 2014 allow Taxman to issue Accelerated Payment Notices to collect tax whilst disputed tax schemes are investigated.
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