
HMRC reminds businesses about new VAT penalties and interest ahead of filing deadline
HM Revenue and Customs (HMRC) is reminding VAT registered businesses to file their VAT returns and pay on time, ahead of new penalties being applied.
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice

HM Revenue and Customs (HMRC) is reminding VAT registered businesses to file their VAT returns and pay on time, ahead of new penalties being applied.

HMRC raked in £5.9 billion from inheritance figures from April to January 2023 according to figures released this morning.

A company which charged taxpayers significant sums to make claims for tax refunds has been stopped from operating.

Figures released by HMRC today show that the Treasury raked in £5.3 billion in inheritance tax receipts in the months from April to December 2022. This…

Former professional rugby player and now rugby commentator Stuart Barnes wins his won his IR35 case of £695k in tax against HMRC.

Just a year ago, Washington DC’s Hirshhorn art museum – the capital’s preeminent contemporary art museum – was asking whether non-fungible tokens (NFTs) were “fad or…

Retail investors have seen their gains since the onset of the pandemic all but wiped out in the midst of a torrid year on global markets.

The chancellor is considering extending the government’s mortgage guarantee scheme, after UK bank bosses raised concerns over the state of the UK’s mortgage market at a…

Investors in Neil Woodford’s collapsed investment fund will receive another £20 million from its administrator but further payouts are likely to be hit by a downturn…

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity to attract…

High earners will benefit most from today's mini budget announcement.

Reforms to the off-payroll working rules, known as IR35, are to be scrapped from April 2023, the Treasury has announced.

Kwasi Kwarteng has announced that he will scrap the top 45p rate of income tax and cut the basic rate of income tax by 1p next…

HMRC raised £2.9 billion in inheritance tax receipts between April and the end of August 2022, according to new figures released today. This is a £300…

The number of businesses fined by HMRC for deliberately obscuring their corporation tax affairs has climbed to its highest level in four years.