VAT on private school fees will be charged from 1 January but HMRC will not be able to accept registrations until 30 October as legislation will not be passed until the Budget
One of the most stressful moments for a business is HMRC officers demanding access to your premises, so it is vital to have plans in place in the event of a dawn raid. Adam Craggs, partner and head of tax disputes at RPC explains
HMRC is writing to accountants giving them a three-week deadline to finalise any provisional client figures included in self assessment returns for 2022-23
Original HMRC assessments against a taxpayer’s rental income and property development income were considered ‘invalid’ as HMRC created new assessments nine days before the hearing
The quality of HMRC service is deteriorating with telephone helplines coming in for heavy criticism along with difficulties understanding guidance and dissatisfaction with webchat
The 2022/23 tax year saw £7.5bn worth of research & development tax credit claims, rising by just £1bn despite the significant drop in businesses claiming the relief
The research & development (R&D) firms Green Jellyfish and Kirby & Haslam were raided on 24 September under fraud allegations, but say they 'have nothing to hide'