taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration
Economic forecast The Office for Budget Responsibility has been commissioned for an economic and fiscal forecast which will be published on 26 March 2025. This will be accompanied...
Now that we are into a new year there can only be one thing on every tax practice’s agenda for 2025: should we enter the Tolley’s Taxation Awards? OK, perhaps I have a...
HMRC has opened a new disclosure service for companies that may have overclaimed research and development (R&D) tax relief in past years. The new service is open to companies...
The number of reports of UK businesses being tracked by HMRC for operating without appropriate substance in tax havens, such as the British Virgin Islands and the Bahamas, has...
The past year has been the most successful year for the HMRC app, with two million more people using it to check their tax codes, view annual tax summaries and make or receive...
HMRC has published Agent Update 126 (December 2024). It contains various technical updates and reminders, including the following. Due to higher-than-expected volumes, some...
HMRC received 4,409 self-assessment tax returns on Christmas Day – slightly fewer than on the same day in 2023, when 4,757 were submitted. The peak time for filing was...
1 February 2025£100 penalty and extended enquiry window if 2023-24 self-assessment tax returns not filed on or by 31 January 2025.Payment of corporation tax liabilities...
HMRC could save an estimated 1.7 million hours of call handlers’ time every year if it implemented an automated tracking system for taxpayers to check the status of their...
Mark Drakeford, Welsh finance minister, set out the Welsh government’s Budget for 2025-26. The key tax announcements are: Welsh rates of income tax will remain unchanged at...
Expenditure on research and development (R&D) performed by UK businesses was £50bn in 2023, an increase of £1.4bn since 2022 (2.9%), according to the data for 2023...
Individuals who are registered for self assessment but whom HMRC suspects have not declared income from renting out property are likely to be receiving a nudge letter from HMRC....
Show
12
Results
back to top icon