HMRC warning over scheme where people pay ‘more tax than they tried to avoid’
HMRC issued fresh guidance on Monday, March 31, cautioning about a recent scheme that it had been made aware of. It can ...
The UK6y
Delays in receiving a VAT refund from HMRC can and do occur. What’s the best way to avoid delay?
When the VAT return is submitted, HMRC has 30 days to make any enquiries before they process the return and send any repayment due. HMRC will probably launch an enquiry if the repayment due is ...
HMRC sets deadline for self-employed and landlords to 'comply' with new tax rule
Landlords earning above £20k are among those affected by the switch to Making Tax Digital in the wake of the Labour Party ...
Tax bills: setting up an HMRC payment plan
To be eligible to apply online, you cannot have any other open payment plans or debts with HMRC at the time ... Industry ...
Birmingham Mail1mon
HMRC breaks silence over powers to check 'every' bank account
The merchant data is analysed by HMRC in order to identify discrepancies between the merchant acquirer data and tax / VAT returns submitted ... that we get from online platforms in terms of ...
Daily Express1mon
HMRC issues £900 fines over tax return problem after interest cut
Thousands of taxpayers are losing money and risk being fined for late penalty charges, a tax expert has warned, despite HMRC dropping ... to submit their tax returns online. As well as a flat ...
Contractor UK8d
VAT Flat Rate Scheme: a 2025-26 explainer
The Flat Rate Scheme available from HMRC may be an option for you to consider if all that sounds appealing. With the 2025-2026 new tax year less than a week away, one advantage of last week’s ...
Yahoo Finance13d
Tax returns: HMRC fines set to jump as Treasury pushes for ‘easy wins’
HMRC is gearing ... late filing of VAT and self-assessment after the Treasury outlined a new push against tax evaders in the Spring Statement. Susannah Streeter, head of money and markets at ...
Daily Express1mon
HMRC opens up on powers to check 'every' savings account amid fraud crackdown
HMRC scrutinises merchant data to spot inconsistencies between the information from merchant acquirers and the tax/VAT returns filed ... that we get from online platforms in terms of sales and ...