HMRC’s efforts to close the tax gap are “unclear”
The Public Accounts Committee (PAC) has said that the way HM Revenue & Customs (HMRC) has measured – and seeks to close – the tax gap remains unclear following the publication of its annual report.
The Public Accounts Committee (PAC) has said that the way HM Revenue & Customs (HMRC) has measured – and seeks to close – the tax gap remains unclear following the publication of its annual report.
A new study suggests that more than three quarters (79 per cent) of UK start-ups have turned over a profit within their first year of trading, while a quarter claim that they have made a profit within their first one or two months.
MPs from the Public Accounts Committee (PAC) have voiced concerns that the “looming threat” of Making Tax Digital (MTD) will result in a “catastrophic collapse” in customer service at HM Revenue & Customs (HMRC).
A new study suggests that some 65 per cent of UK small and medium-sized enterprises (SMEs) are struggling to win business in the public sector.
Sleep deprived workers are costing the UK economy nearly £40 billion a year, a report has revealed.
HM Revenue & Customs (HMRC) will be the first Government department to crack down on so-called ‘phishing scams’, following reports of a rise in fraudulent emails purporting to be from the Revenue and tricking taxpayers into releasing sensitive information.
UK growth has remained robust since the European Union (EU) Referendum, according to new data from the Office for National Statistics (ONS), which confirms that gross domestic product (GDP) grew by 0.5 per cent between July and September.
Latest figures have revealed the growing popularity of self-employment among UK workers.
HM Revenue & Customs (HMRC) raised £536.8billion in the 2015/16 financial year, according to a performance summary carried out by the National Audit Office (NAO).
The maximum compensation payable to savers if their bank collapses is to return to its previous limit of £85,000, a report has said.
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