Finalising returns figures and filing early
HMRC is chasing taxpayers who have submitted tax returns for 2021/22 containing unresolved provisional figures
HMRC is chasing taxpayers who have submitted tax returns for 2021/22 containing unresolved provisional figures
New income tax statistics from HMRC appear to be good news, but the numbers are not what they seem.
Although the lifetime allowance was effectively abolished from April 2023 as the lifetime allowance charge was removed, it has been retained on statute for a year to allow time for the intricacies to be ironed out.
If an English or Welsh person dies without a will, a surviving spouse or civil partner can inherit through a statutory legacy has increased
Draft legislation has been published to restrict the geographical scope of agricultural and woodlands relief to property in the UK.
The High Income Child Benefit Charge (HICBC) leading self-assessment tax return even if tax was collected under PAYE maybe changing.
Hard on the heels of the Sunday Times Rich List, will new proposals for a wealth tax gain any traction as we look at what it might mean
The tax gap is the difference between the amount of tax that should, in theory, be paid to HMRC, and what is actually paid.
Just over 200 businesses have failed to pay the minimum wage and will have to repay workers and face penalties of up to £7 million.
HMRC is offering taxpayers named in the leaked The October 2021 Pandora Papers a chance to correct their tax affairs.
The normal time limit to fill gaps in a national insurance (NI) record is six years, but arrangements allow gaps to be filled back to 06/07.
The government has announced a new initiative to counter fraudulent activity, particularly in the financial sector.