A former world darts champion has been banned from acting as a company director after withdrawing hundreds of thousands of pounds while owing over £460,000 of tax debts
The entire HMRC phone system has been hit by a serious technical issue which means inbound callers are only met with a recorded message saying the service is down
Up to 100,000 taxpayers’ online personal tax accounts have been locked down after HMRC security systems detected unauthorised access to some accounts, having identified the issue nearly a year ago
HMRC has won an appeal after two directors of a flooring company failed to justify their claims for Coronavirus job retention scheme (CJRS) for almost £50,000
Cheryl Sharp, CEO, Pink Pig Financials, explains pros and cons of PAYE salary, dividends or a even combination of both, particularly in light of recent tax changes
The US Internal Revenue Service (IRS) has issued a deadline reminder to taxpayers living and working outside the US to file a 2024 federal income tax return by mid June
In this week’s Q&A, Ewan Edwards, VIP tax adviser at Croner-i, explains the reporting obligations for taxpayers required to report under Making Tax Digital (MTD) for Income Tax from 2026
More than £2bn was raised from employer’s national insurance in April alone even before the full impact of rises are felt, while inheritance tax was up 14% in a single month
Chris Thorpe ATT CTA explains the key tax issues to consider when allowing employees to use their company cars and vans for private use from NI to benefits in kind charges
Savers can breathe a temporary sigh of relief as chancellor ditches plan to cut ISA tax-free limit but could see allowance split between shares and cash
The National Audit Office warns that HMRC estimates of the size of the wealthy individuals’ tax gap ‘does not capture full scale of non-compliance’ while one in four do not have an accountant
British musicians heading to Germany to perform at the Dresden Music Festival must apply for all of the tax exemptions on offer or face harsh penalties
Paul Baxendale-Walker has been ordered to stop promoting two tax avoidance schemes with immediate effect by HMRC or face penalties or even prosecution if he fails to comply