An unsuccessful expenses claim for pet food for a Shih Tzu “guard dog” has been included in HM Revenue & Customs’ (HMRC) annual list of “imaginative and questionable tax claims”. Continue reading
One in five workers looking to start a business in 2020
According to new research by accounting software provider FreeAgent, one in five (22 per cent) UK employees plan to become their own boss during 2020. Continue reading
IR35 – everything you need to know about the off-payroll working regulations
New changes are set to come into force in April 2019 that will affect individuals and contracts that provide personal services through an intermediary for medium-sized and large businesses. Continue reading
Small businesses “do not trust” Open Banking software
Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed. Continue reading
Calls for Government to do more to protect workers from underpayment
The Resolution Foundation is leading calls for the Government to improve the enforcement of the minimum wage after it emerged that only one in eight firms breaking the rules are being caught by HM Revenue & Customs (HMRC) Continue reading
File tax return now to avoid “unnecessary penalties”, says HMRC
With less than one month to go until the Self Assessment deadline, HM Revenue & Customs (HMRC) is reminding taxpayers of their legal responsibilities. Continue reading
Marriage Allowance: Warning as copycat website charges excessive fees to claim free rebate
Experts are warning taxpayers to be aware of the copycat website that appears to be similar to HM Revenue & Customs’ (HMRC) official website, with the firm charging exorbitant fees to claim the Marriage Allowance rebate. Continue reading
Living wage increase “four times rate of inflation”
The National Minimum and Living Wage will increase from 01 April 2020, the Government has confirmed. Continue reading
3,000 taxpayers file Self Assessment on Christmas day
More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed. Continue reading
HMRC winding up petitions reach four year high
According to the latest official figures, the number of companies that were wound up last year following intervention from HM Revenue & Customs (HMRC) reached the highest level for four years. Continue reading
