Latest News

Public pilot of Making Tax Digital for VAT opens

12 Nov 2018

HM Revenue & Customs (HMRC) has opened a public pilot of Making Tax Digital (MTD) for VAT. The pilot …
[ read more ]

Payee names to be required for bank transfers in effort to combat fraud and errors

12 Nov 2018

From next year, payee names will be checked when making bank transfers in order to ensure that funds …
[ read more ]

HM Revenue & Customs to review and rework some 2016-17 self-assessment tax returns following error

12 Nov 2018

The Chartered Institute of Taxation (CIOT) has warned that HM Revenue & Customs (HMRC) is to review …
[ read more ]

R&D Tax Credit system to be reviewed in light of fraudulent claims

12 Nov 2018

According to figures released in the Autumn Budget, HM Revenue & Customs (HMRC) has prevented around …
[ read more ]

Research reveals Inheritance Tax hotspots across the UK

12 Nov 2018

New research has revealed that the affluent area surrounding Guildford in Surrey has the highest proportion …
[ read more ]

Entrepreneurs’ Relief rules to be tightened

12 Nov 2018

Despite rumours that the Chancellor might scrap Entrepreneurs’ Relief (ER) all together in the Autumn …
[ read more ]

National Living Wage to rise in April 2019

12 Nov 2018

In his latest Budget speech to the Commons, Chancellor Philip Hammond announced that the National Living …
[ read more ]

Autumn Budget 2018

29 Oct 2018

The sun was already edging behind the London skyline by the time Chancellor Philip Hammond rose to the …
[ read more ]

CIOT reports increase in R40 refund errors

5 Oct 2018

According to a new report by the Chartered Institute of Taxation (CIOT), there have been a growing number …
[ read more ]

Workers miss out on £15.6 million in pay through minimum wage breaches

5 Oct 2018

Minimum wage breaches, including breaches of the National Living Wage, have cost workers from across …
[ read more ]