The Government’s long-awaited responses to six consultations about Making Tax Digital (MTD) which were originally opened in August 2016 have now been published. Despite ongoing criticisms regarding the proposed short MTD timescale, HM Revenue & Customs (HMRC) has now confirmed that the project will not be delayed. This means that mandatory quarterly digital reporting will…
DetailsThe amount of cash collected by HM Revenue & Customs (HMRC) from its investigations into large businesses and corporations has fallen by £3.5billion year-on-year, according to a new report.
Self-employed people earn more money, work less, and are happier, according to new research published this week.
A list of some of the silliest expense claims featured in recent self-assessment tax returns has been published by HM Revenue & Customs (HMRC).
Key UK regions and industries witnessed standout wage growth in the final three months of 2016, according to new research from online job board CV-Library. The study, which looked at salary growth across the UK, found that pay in the North West of England grew by 14.2 per cent, while pay in recruitment grew 17.5…
DetailsA new study suggests that 31 per cent of small business owners do not know how to correctly submit their tax return, while 27 per cent did not think that they were required to submit one at all.
Compliance teams at HM Revenue & Customs (HMRC) are shifting their focus towards small and medium-sized enterprises (SMEs) – many of which are unprepared for close scrutiny, according to reports.
The UK’s retail sector recorded the sharpest fall in sales for more than four and a half years, official figures have revealed.
A new survey of self-employed workers and business owners suggests that only six per cent are aware of the Government’s imminent Making Tax Digital (MTD) project – which will make quarterly digital reporting mandatory for the majority of businesses.
The Chancellor is floating the possibly of a marriage tax allowance reform after a survey revealed that three times as many people thought it should increase the threshold in which a partner starts paying tax.
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