Plastic packaging taxHMRC has updated its plastic packaging guidance with more information and examples on what packaging is exempt from the tax. A new section has also been added...
HMRC has published new guidance on what tax agents need to tell HMRC and their clients if their business is changing, for example if it is changing legal entity, if it is merging...
In the latest edition of Agent Update, HMRC states that, during October 2022, it has written to about 5,000 agents and taxpayers where the taxpayer’s 2020-21 tax return...
HMRC is reminding agents and their clients to make the necessary changes to take account of the reversal to the increase in National Insurance rates and the cancellation of the...
Employment support schemes introduced during the Covid-19 pandemic successfully protected jobs and businesses, although the need to design the schemes at speed led to some flaws...
Increasing the data HMRC collects from businesses and employers risks placing significant extra burdens on taxpayers, putting more stress on the tax authority’s already...
HMRC has reminded employers of the permanent easement on reporting PAYE information in real time over Christmas.Employers that pay early over the festive period should report the...
HMRC named 68 estate agents that have been fined a total of £519,645 for not complying with anti-money laundering regulations.The full list is published on GOV.UK and shows...
PAYEHMRC has updated its ‘PAYE for agents online service’ to include information on using the employer liabilities and payments service.tinyurl.com/hmrcpayeagentsEU blacklistThe...
The new chancellor, Jeremy Hunt, has reversed almost all of the tax measures set out in the growth plan that have not been legislated for in parliament: The planned reduction...
The government’s decision to freeze the rate of corporation tax at 19% has been reversed, prime minister Liz Truss confirmed on 14 October. It will now rise to 25% next...
Whistleblower reports by employees to HMRC over suspected tax evasion and fraud by their employers have increased by 11% over the past year from 13,600 in 2020-21 to 15,100 in...