Business news
CIOT: R&D crackdown deters legitimate claims
Current ‘volume compliance’ approach does not work.SMEs responsible for 56% of tax gap
Tax gap rises by 5% to £36bn.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.HMRC defends decision to close self-assessment helpline
Treasury says reasons for temporary closure “not good enough”.Alcohol duty changes could raise extra £3bn
One month until new alcohol duty system introduced.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.CIOT: Clearer guidance needed on cryptoassets
Professional bodies propose recommendations to HMRC.Thousands fined despite not owing tax
Low earners account for 40% of late-filing penalties.ICAS: UK needs tax incentives to drive net zero targets
Tax leaders call for sustainability reporting standards.HMRC accused of ‘poor complaint handling’
Poor service levels drive customer complaints.
Let’s talk about your accounting needs today
Give us a call, send an email or message us online and we’ll start the conversation. We always enjoy talking and getting to know somebody new.