New HMRC rules may lead to ‘harsh’ tax penalties
Written warnings have been received by UK taxpayers, with HM Revenue & Customs (HMRC) intending to crack down on undeclared income.
Written warnings have been received by UK taxpayers, with HM Revenue & Customs (HMRC) intending to crack down on undeclared income.
More than £15 million in funding has been secured for businesses after they were rejected by their banks, new figures reveal.
The number of calls to the UK tax authority’s fraud hotline doubled last year, with more than 40,000 tip-offs from informants claiming they are aware of someone they know not paying their taxes.
The latest official data reveals that HM Revenue & Customs (HMRC) collected £12.47 billion in Stamp Duty Land Tax (SDLT) in the year to the end of July. This is up from the £12.44 billion brought in during the same period the previous year.
News broke this week that the Government was preparing to release a raft of documents detailing what businesses should do in the event of a no deal Brexit.
A new study suggests that small and medium-sized enterprises (SMEs) are struggling to keep on top of their day-to-day costs – and could use a helping hand in the finance department.
Over a third of small and medium-sized enterprises (SMEs) are offering flexible working hours in a bid to support their staff, compared to just under a quarter of larger firms.
New Government figures indicate that gaining access to faster broadband has boosted UK businesses by £9 billion.
Businesses trading internationally can now use the first iteration of the new Customs Declaration Service (CDS).
Small and medium-sized enterprises (SMEs) are facing mounting pressure to ‘go cashless’ and adopt new payments technology in order to keep up to speed with consumer trends.
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