The income tax collected by HMRC through self assessment rose by 33% year-on-year to a record £21.9bn in January 2023, up from £16.4bn the previous year, according to HMRC...
HMRC has issued a reminder that the new penalties will apply to VAT return periods which start on or after 1 January 2023 which, for businesses filing on a monthly basis, will start affecting returns...
Upcoming changes to research and development (R&D) tax incentives could lead to 50% of UK science and technology businesses moving some of their R&D activity abroad, according to research from...
Employers need to allow at least three extra days to arrange any new variable direct debits to pay their PAYE liabilities because of delays in processing times, HMRC has informed the ICAEW Tax...