HMRC’s underestimation of the number of small businesses affected by the new VAT EU rules on the supply of business to customer digital services caused thousands to struggle with ... Read More
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. In the UK, HMRC is geared up to ... Read More
Instead HM Revenue and Customs will automatically collate the tax affairs of millions of Britons from employers, banks and investment firms into a single “digital” tax account which can ... Read More
Tax payers could find themselves with a daily penalty increase if they continue to fail to submit their return HMRC has issued 890,000 people with a £100 penalty fine ... Read More
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. ... Read More
HMRC‘s Chief Executive, Lin Homer, today announced in a Treasury Select Committee hearing that the French authorities have formally agreed that HMRC can share stolen HSBC Suisse customer account ... Read More
HMRC has updated its Foreign Account Tax Compliance Act (FATCA) registration guidance to inform of the time lag between registration and reporting FATCA requires financial institutions (FIs) outside the ... Read More
The chief secretary to the Treasury, Danny Alexander, has called for organisations including accountants, to be prosecuted if they facilitate tax evasion by their clients. The Lib-Dem minister wants to ... Read More
PwC has rejected the findings of the Public Accounts Committee, which has accused the financial services firm of promoting “tax avoidance on an industrial scale”. The committee, led by ... Read More
ACCA’s head of taxation, Chas Roy-Chowdhury, gives his advice on what to do if you’ve missed the deadline for self-assessment which was 31 January The deadline for self-assessment may ... Read More
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