The Association of Taxation Technicians (ATT) thinks that HMRC’s publication of a new consultation today is far too important a subject to be left just to the tax community because… The post HMRC’s plan for a ‘Business Census’ needs careful consideration appeared first on London Business News | Londonlovesbusiness.com.
The former Fomula 1 chief Bernie Ecclestone has is set to be charged with fraud after HMRC has accused him of hidding “assets held overseas believed to be worth in… The post Bernie Ecclestone charged with fraud for failing to declare to HMRC ‘assets held overseas believed to be worth in excess of £400m’ appeared…
IR35 Shield has proven that HMRC’s Check Employment Status for Tax (CEST) tool contains fundamental flaws that expose users to considerable risk. The evidence compares failed legal arguments made by… The post Fresh evidence shows HMRC’s IR35 tool is failing firms appeared first on London Business News | Londonlovesbusiness.com.
HMRCs total receipts in the last 12 months are up 16.32% (£733bn from £630bn) on the previous year buoyed by increases in receipts from VAT (£29.4bn), Income Tax (£26.1bn) Corporation… The post HMRC tax receipts surge by over 16% in the last year, the Chancellor could do more appeared first on London Business News |…
Grants, loans and tax credits, there are a raft of measures that can help SMEs to navigate the current economic crisis and continue to scale up their businesses even in… The post Consider tax relief ahead of expensive business loans, experts urge appeared first on London Business News | Londonlovesbusiness.com.
The number of small businesses planning to raise money under the Government’s flagship Enterprise Investment Scheme (EIS) rose nearly 10% last year from 2,965 in 2019/20 to 3,245 in 2020/21,… The post Jump in small businesses planning to raise money through EIS as enthusiasm for equity raises grows appeared first on London Business News |…
Check your tax code If you’re a full or part-time employee you’re likely to be paying tax via pay-as-you-earn (PAYE). This means your income tax is deducted at source and… The post Six ways to ensure you aren’t paying too much tax appeared first on London Business News | Londonlovesbusiness.com.
Employers suspected of failing to meet their workplace pensions duties are being targeted with spot check inspections. The majority of employers visited by The Pensions Regulator (TPR) are those which… The post Spot checks to be targeted at suspect employers across the UK appeared first on London Business News | Londonlovesbusiness.com.
UK company insolvencies have jumped 39% in the last month with 2,114 businesses entering insolvency in March 2022, up from 1,517 in February says Mazars, the international audit, tax and… The post Interest rate rises and increased energy costs have hit companies’ bottom lines leaving 39% of firms insolvent appeared first on London Business News…
Unexplained wealth orders could be a huge asset in the UK’s financial armoury as it seeks to put pressure on the Russian Government address money laundering concerns in the UK,… The post Government will use HMRC and its systems to investigate and issue Unexplained Wealth Orders as the war in Ukraine continues appeared first on…
