The most recent figures available show a continuing growth in HMRC tax investigations into small businesses and individuals – up to quarter of a million a year at last count. We all te… Read More

Labour’s Deputy Leader Angela Rayner’s police probe has been dropped after a “carefully considered and proportionate investigation” was conducted. The investigation… Read More

Understanding VAT and the Legality of Splitting Businesses Value Added Tax (VAT) is a consumption tax levied on the value added to goods and services at each stage of production and distribu… Read More

Hifzurrehman and Ehsan-Ul-Haque Patel, directors of a Leicester textile company, have been jailed for setting up fake sub-contractors to evade £1.3 million in tax. Their company, Midla… Read More

The United Kingdom operates under a complex and multifaceted tax system, overseen by Her Majesty's Revenue and Customs (HMRC), which is responsible for collecting taxes, administering some f… Read More

Read MoreCoronation Street legend Beverley Callard is under investigation after her acting firm failed to settle a £100,000 tax bill.  The post ITV Coronation Street legend Beverl… Read More

Former chancellor Nadhim Zahawi has confirmed to the BBC that he has paid nearly £5 million to the authorities to settle his tax affairs. The settlement was related to an investiga… Read More

As a UK taxpayer, understanding your tax obligations and entitlements can be overwhelming, especially with the ever-changing tax laws and regulations. One crucial document that helps simplif… Read More

Former Conservative MP Nadhim Zahawi has announced his decision to step down from his position, marking the end of a political career spanning 14 years. Zahawi, who represented the constitue… Read More

Blogs Do i need to Pay Which have A cellular Greatest Tips Register At the Gambling enterprises One Deal with Pay By Cellular telephone Statement Gamble Online game and Found Your Deposit B… Read More

Understanding Self Assessment Reactivation in the UK Reactivating a Self Assessment (SA) record in the UK is a necessary step for individuals who previously opted out of the SA system but n… Read More

What is disguised remuneration? Disguised remuneration refers to tax avoidance schemes where employers pay employees in non-traditional ways. These schemes have been widely used by contracto… Read More

Current Council Tax Rates for Bath and North East Somerset Council (2024-2025) The Council Tax in Bath and North East Somerset varies depending on the property valuation band, which is deter… Read More

Are you tired of spending your hard-earned money on work uniforms? Well, there’s good news for you! Did you know that you might be entitled to a uniform tax rebate in the UK? That&rsqu… Read More

BENEFIT fraudsters will be targeted in a major crackdown with fines issued as part of a major welfare overhaul, Rishi Sunak says. The Prime Minister said anyone abusing taxpayers’ ca… Read More

HMRC has, for many years, looked to target businesses that deliberately undertake electronic sales suppression (ESS). ESS happens where a business deliberately manipulates its electronic sal… Read More

Understanding HMRC Tax Check Codes and Their Importance An HMRC tax check code is a 9-character alphanumeric code issued by HMRC, used to confirm an individual’s tax compliance for lic… Read More

Are you a business owner or a contractor in the UK? If so, then you’ve likely heard of IR35. But what exactly is it, and why does it matter to your business? In this blog post, we&rsqu… Read More

The Times recently reported on the HM Revenue & Customs’ (HMRC) investigation into over 2000 estates, resulting in the recovery of over £170 million in inheritance tax (IHT)… Read More

Procorre has recently been named by HMRC — the UK Tax Authority — in connection with the tax avoidance scheme. At about the same time, Procorre Global ch… Read More

Finding Your Ideal Financial Partner: Finding the ideal accountant for your firm might not be as easy as it looks. The UK’s economy comprises different industries and businesses, and w… Read More

Companies considering how to outsource payroll have a lot to gain. Payroll outsourcing offers benefits such as saving time, minimizing errors on p… Read More

Picture supply: Getty Photographs US tech shares have been sizzling property over the previous few months. Although I can simply buy US stocks from this facet of the pond, there are tech-r… Read More

We are increasingly hearing more and more about artificial intelligence (AI) and how its use can change our way of working both now and in the future. Artificial Intelligence is constantly e… Read More

Every year, millions of taxpayers in the UK are required to submit a self-assessment tax return to HM Revenue and Customs (HMRC). This process is essential for individuals who have earned un… Read More

Understanding the Basics of Tax Repayment Claims for UK Companies In today's ever-evolving business landscape, UK companies must navigate various financial obligations, including taxes on sa… Read More

Buying your own property is an exciting time, but we all know that it comes with a hefty price tag: the dreaded Stamp Duty Land Tax (SDLT). Stamp duty costs giv… Read More

Another week and another Newsround. Let’s see what has been happening in the news this week. Have you submitted your tax return? It looks as if some 3.8 people have yet to file their r… Read More

Tax authorities from Australia, Canada, France, the UK and the USA have conducted a joint probe into “electronic sales suppression software” – applications that falsify p… Read More

The Post Office tax scandal has sent shockwaves through financial circles, as revelations suggest the organization may have underpaid over £100 million in taxes while simultaneously c… Read More

Understanding Capital Gains Tax DisclosureCapital Gains Tax (CGT) is a tax on the profit made when you sell, or 'dispose of', an asset that has increased in value. In the UK, it's important… Read More

HMRC believes that not everyone is paying the correct amount of tax, estimating what it terms as 'the tax gap' as being '4.8% of total theoretical tax liabilities, or £35.8 billion in… Read More

    Running a side hustle, whether it’s selling products on eBay or renting out your home via Airbnb, can be a great way of ensuring extra income,  but… Read More

There’s a lot to juggle as a sole trader in the UK, and a solid accounting foundation is just as important for sole traders as it is for larger businesses. As a sole trader… Read More

Investment in Local Businesses and EntrepreneursA major boost to High Wycombe's economy comes from an investment of £1.6 million by the Buckinghamshire Council. This funding, derived f… Read More

Posted on: December 13, 2023, 08:44h.  Last updated on: December 13, 2023, 08:44h. Jette Nygaard-Andersen, the CEO of Ent… Read More

In a recent legal twist, Jonathan Ralph, an executive at a wealth management firm, faced a stamp duty setback concerning his £3.3m Derbyshire mansion. The dispute, triggered by HMRC's… Read More

It is a regulatory requirement for most businesses operating in the regulated sector to carry out an ‘Independent Audit of Anti-Money Laundering (AML) Policies, Controls and Procedures… Read More

The 2023 Procurement Bill has prompted widespread dialogue in diverse sectors, with the drone industry finding itself at a pivotal point. As the drone technology landscape expands, presentin… Read More

Self-Assessment tax return in UK applies to anyone who is self-employed, company directors, recipients of income from renting out a property or other sources not covered by PAYE, as well as… Read More

Anthony and brother Mark Bamford, the two brothers behind the JCB digger empire could be hit with a bill for more than £500m to settle a longrunning investigation by HM Revenue and Cu… Read More

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, say le… Read More

Bernie Ecclestone, the former head honcho of Formula One, has recently been in the spotlight due to his admission of fraudulent activities and subsequent reception of a 17-month suspended pr… Read More

If you hear the words “HMRC fraud investigation,” it’s likely that a feeling of dread instantly envelops you. Being the subject of an HMRC (Her Majesty’s Revenue… Read More

Press play to listen to this article Voiced by artificial intelligence. What’s driving the day in London. By ROSA PRINCE Send tips here | Subscribe for free | Listen to Playbo… Read More

Read Time:4 Minute, 53 Second Spam Alert: 01212725077 / 0121 2725077 / 1212725077 / +441212725077 / 441212725077 / +4… Read More

Bernie Ecclestone, the former boss of Formula One, has been given a suspended sentence after pleading guilty to fraud. The 92-year-old did not declare more than £400m held in a trus… Read More

Protect your limited company against claims of professional negligence with contractor Professional Indemnity Insurance Most contractors will be confident in their own experience and the qua… Read More

A detailed breakdown of the top 4 contractor insurance policies Whether this is your first contract role or you have been contracting for many years, running your own limited company is not… Read More

What is the Trust Registration Service?The Trust Registration Service (TRS) is an online platform managed by the HM Revenue & Customs (HMRC) in the United Kingdom. Established in 2017, t… Read More

What is Self Assessment tax return? Do you know what is self assessment tax return? A self-assessment tax return is a file that British people must fill out for Her Majesty’s Revenue… Read More

Hawala Meaning Hawala is when a person sends money from one location to another with the help of hawaladars, who carry out the transaction process. It is common in the Middle East, North Af… Read More

Navigating tax compliance in the UK can seem a daunting task, given the intricacies of the country's tax laws. However, with careful planning and a few strategic steps, it is entirely manage… Read More

In today’s fast-paced and increasingly uncertain business environment, financial literacy and awareness are no longer optional. They are essential tools that enable you to stay ahead… Read More