The Treasury will be ringing in the holidays by closing 2024 on a high note with record tax takings revealed in HMRC’s latest statistics, say leading...
Businesses, staffing agencies and contractors must beware shady umbrella companies, who pocket PAYE (Pay As You Earn) and National Insurance (NIC) payments intended for HMRC, creating...
HMRC has published new guidance to warn freelancers, contractors and consultants about the risk of ‘Managed Service Companies’(MSCs) – complex tax arrangements that can pose a huge risk...
Individuals and businesses must beware HMRC tax scams, where fraudsters try to imitate HMRC in fake correspondence or trick the revenue with stolen details to pocket...
A new analysis by GB Concrete & Pump has uncovered significant levels of tax evasion within the construction industry. The company’s in-depth investigation of HMRC’s latest...
Despite the Chancellor’s suggestion that she is going to raise £6.5 billion in additional tax revenue per year using measures to ‘close the tax gap’, it...
The top 100 taxpayers in the UK collectively paid a staggering £3.9 billion of income and capital gains tax in 2022/23, the equivalent of £39 million...
In February 2024, it was revealed that a massive 1.1 million people missed the deadline for the previous tax year. Missing the deadline could result in...
The London Stock Exchange has warned that removing inheritance tax (IHT) relief from AIM is “likely to result in significant market volatility. That pain would be...
Business finance comparison site, FundOnion, has today called on the Labour government to introduce three policies that will help small businesses reduce their reliance on working capital...
Those yet to register for self-assessment have just days left to do so – including those with side hustles and people who have recently started to...
Barry Cowan, the former tennis professional turned TV pundit, has seen his latest IR35 appeal dismissed at an Upper-Tier Tribunal – after his representative initially missed...