UK businesses are increasingly losing trust in HMRC due to declining service standards which have sparked calls for urgent reforms.A record survey of over 10,000 businesses…
The call for a streamlined Research and Development (R&D) tax relief scheme gains momentum as businesses face challenges under the current system.HMRC reports a 23% decline…
Record dissatisfaction highlights declining service levels at HMRC, impacting businesses across Britain.Engagement with over 10,000 businesses reveals systemic issues hindering efficient tax processes.Growing Discontent Among BusinessesRecord…
In a strategic move to address three key priorities, HMRC has appointed two seasoned professionals to its board as non-executive directors.Digital transformation expert Mike Bracken joins…
The use of Schedule 36 notices by HMRC is evolving, affecting taxpayers significantly.Originally part of the Finance Act 2008, Schedule 36 allows HMRC to request information…
Regulatory corrections have been set in motion to address errors in the lifetime allowance (LTA) abolition legislation.The LTA, which capped tax-free pension savings, officially ceased on…
Amazon’s decision to freeze funds of numerous sellers due to VAT verification issues has sparked significant unrest. With the probability of a lawsuit looming, sellers are…
The chancellor’s recent commitment to recruit 5,000 new HMRC compliance officers has been welcomed by the Public and Commercial Services Union (PCS). This pledge aims to…
The chancellor is addressing electronic invoicing and tax evasion as primary concerns.There is an intention to bolster HMRC with 5,000 new officers over five years.An immediate…
