Number of non-doms in the UK has fallen to a record low
According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low.
According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low.
Business investment has “dampened” as entrepreneurs are left in the dark over Brexit, a new analysis has revealed.
HM Revenue & Customs (HMRC) has announced a £16 million fund for businesses to claim grants to cover Brexit related costs.
HM Revenue and Customs (HMRC) has revealed that 1.1 million businesses have now signed up for Making Tax Digital (MTD) and so far, 1.2 million VAT returns have been successfully submitted through the service.
A major regulator will lead an independent review into the controversial Loan Charge scheme after concerns that taxpayers were “not ready” to face the penalty.
According to the latest industry research, around 16 shops are closing every single day on UK high streets as retailers look to restructure their businesses and adapt to increased levels of online shopping.
Making Tax Digital (MTD) for VAT was launched in April 2019, which means that hundreds of thousands of businesses are now recording and reporting their accounts digitally to HM Revenue & Customs (HMRC).
Recent research has found that HM Revenue & Customs (HMRC) collected an extra £4.4 billion from small and medium-sized enterprises (SMEs) last year following investigations into the underpayment of VAT.
The Government has announced that it will delay the implementation of the domestic VAT reverse charge for building and construction services by a year.
A new enterprise scheme will help small and medium-sized businesses to access finance and take advantage of post-Brexit business opportunities, it has been revealed.
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