Draft legislation, VAT (Refund of Tax to Museums and Galleries) (Amendment) Order 2020, has been published
updating the list of museums and galleries in SI 2001/2879 entitled to reclaim
VAT under the...
The amount of extra tax
collected by HMRC through plea bargain agreements with taxpayers increased 25%
last year to £119.4m, up from £95.8m in 2018-19, according to a freedom...
UK businesses overpaid at least £9.1bn in corporation tax in 2019-20 up 12.4% from £8.1bn in the previous year, says UHY Hacker Young.The accountancy firm believes this figure, obtained...
Voluntary disclosureHMRC has updated its guidance on how to make a voluntary disclosure. The department has added a new section in paragraph 3.8 detailing a taxpayer’s rights when a penalty is...