UK firms owe HMRC £2.7 billion after VAT holiday

More than one in four businesses that deferred tax payments during the initial lockdown last year still owe HMRC billions of pounds.

Published 19 July 2021

HMRC: 800,000 tax relief claims submitted for working from home

Since April, almost 800,000 employees who have been working from home during the pandemic, have already claimed tax relief on household related costs, HM Revenue and Customs (HMRC) has revealed.

Published 30 June 2021

HMRC-branded phishing scams surge 87% in a single year

Reports of HMRC-branded phishing scams have jumped by 87% in the last year, from 572,029 to 1,069,522, according to official figures.

Published 28 June 2021

Taxman to go easy on UK firms in financial difficulty to prevent mass insolvencies

The UK Government has told UK firms struggling with coronavirus-related debts that it will not pursue them for unpaid taxes in an attempt to avoid an increase in insolvencies this summer.

Published 23 June 2021

Mark Brown: HMRC targets COVID fraud firms

Mark Brown, partner at Aberdeen chartered accountancy practice Meston Reid & Co, has warned businesses who have accessed schemes such as furlough and the Self-Employment Income Support Scheme (SEISS) to prepare for additional checks on their practices.

Published 21 June 2021

And finally... stamped out

HMRC Stamp Duty press machines will be officially retired from service on 19 July 2021, marking the end of over 300 years of tax-related history.

Published 21 June 2021

Scottish ISA holders saving more than anyone else in UK

Scottish savers have more money in their ISAs than their UK counterparts, according to new figures from HMRC.

Published 9 June 2021

Inheritance tax dodgers denied tax breaks

Individuals who attempt to avoid paying inheritance tax by transferring hundreds of millions of pounds in property wealth to their children have been denied a tax break.

Published 1 June 2021

HMRC refunds millions to taxpayers over loan charge

HMRC has refunded millions of pounds to UK taxpayers who paid its controversial loan charge.

Published 1 June 2021

HMRC staff to work from home two days a week

Almost 64,000 staff at HMRC will be allowed to work from home at least two days a week from next month, despite UK Government aims to get workers back into offices in the aftermath of the Covid-19 pandemic.

Published 24 May 2021

HMRC: One month left to join VAT Deferral New Payment Scheme

Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has said today.

Published 20 May 2021

Rules of Origin webinar available for businesses in Scotland

As lockdown ends and businesses start to reopen, traders in Scotland are being encouraged to watch HMRC’s new webinar on Rules of Origin.

Published 18 May 2021

AAB experiences 50% increase in demand for tax investigation support since start of 2021

Anderson Anderson & Brown (AAB) has reported an increase in new enquiries for support with HMRC investigations and disclosures, for both companies and individuals residing in the UK since the start of the year.

Published 10 May 2021

HMRC: Self assessment payment plans must be set up by April 1

Self Assessment taxpayers have just over a week to pay any outstanding tax liabilities in full or set up an online payment plan for the 2019 to 2020 financial year to avoid incurring penalty charges, HMRC has urged.

Published 23 March 2021

HMRC chief executive receives scam tax call as fraud reports increase

Jim Harra, the chief executive of HMRC, has revealed that he received a call from fraudsters pretending to be the taxman.

Published 26 February 2021