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Our News page is updated daily and the news feed is supplied by Sift media who are well respected writers in the industry. If you are interested in new laws, guidance and reports on anything that is happening in Government that could affect your business, these posts -will be useful. You can also sign up to receive them in your inbox.
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.Tax gap hits £36bn in 2021/22
Small businesses responsible for half the tax gap.BoE increases interest rates to 5%
Base rate rises by more than expected.Inflation remains the same in May
Falling fuel prices offset by recreation and culture costs.Outcry as HMRC closes self-assessment helpline
Helpline will reopen in Autumn.MTD set to cost five times its original budget
Tax experts claim MTD is 'out of control'.
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