HMRC’s tax avoidance powers “undermine justice” in Britain
Powers to tackle tax avoidance have tipped too far in favour of HMRC and are undermining the British justice system, a House of Lords report has warned. more»
Tax & admin
Could self-employed “tax grab” swing an imminent election? The 40 MPs under threat
Will Britain's self-employed determine the result of the next general election? New research has revealed as many as 85 MPs could lose their seat if they back the introduction of IR35 into the private sector. more»
HMRC accused of failing small firms and urged to postpone Making Tax Digital
HMRC should postpone the first stage of Making Tax Digital, according to a parliamentary committee accusing the tax office of not listening to the concerns of Britain’s small business owners. more»
Number of UK side hustlers rises by a third in 10 years
The number of ‘side hustlers’ – individuals who run their own business in addition to their day jobs – has risen by 32% in the last decade, according to research by Centre for Economics and Business Research (CEBR) and web hosting firm GoDaddy. more»
Government officially axes unpopular staircase tax
As of yesterday, 2 November, thousands of companies in England are able to ask for rebates to their business rates after the so-called staircase tax was repealed. more»
HMRC “aggressively” seizing small business assets to settle tax bills
The HMRC is “aggressively” seizing more assets from UK businesses struggling to pay their tax bills in cash, as experts warn against a heavy-handed approach on smaller firms. more»
£120,000 VAT scam exposed: HMRC sentences small business owner
A clothing wholesaler from Rochdale has been sentenced by HMRC after forging documents to steal almost £120,000 in VAT repayments. more»
ITV star Eamonn Holmes pursued by HMRC for unpaid tax bill worth £2m
Eamonn Holmes, host of ITV’s This Morning, revealed last weekend he is embroiled in a tax battle with HMRC that experts claim could cost him up to £2m. more»
HMRC slammed for concealing Brexit reality from 100,000 small businesses
HMRC has failed to inform 100,000 micro business owners how a no deal Brexit could change the way they trade, according to a committee of MPs. more»
Companies House reveals 8 most bizarre excuses for late account submissions
"I've just caught my accountant in the bath with my wife, so won't be able to file my accounts on time." Is this a plausible excuse for late submission? It was for one director. Find out the strangest excuses received by Companies House from businesses trying to swerve a financial penalty. more»
