HMRC ‘one-to-many’ letters, or just one too many letters?
In recent weeks, it could be argued there have been one too many HMRC letters being sent to taxpayers. HMRC...
What to expect when HMRC compliance check your use of the furlough scheme
The Coronavirus Job Retention Scheme (CJRS) was first announced back in March 2020 and funds 80% of an employee’s wages...
Crown preference changes due December 2020
On 22 July, the Finance Act 2020 received Royal Assent. The Act will reintroduce preferential status for certain HMRC debts...
The Summer Statement – rolling update
Rishi Sunak announced phase two “Protect, support, create” of his three-phased economic recovery strategy which centred around helping businesses bring...
Delaying import duty payments due to COVID-19
For businesses globally, the COVID-19 pandemic is creating an unprecedented amount of uncertainty. The Governments relief measures and certain HMRC...
HMRC issuing demands for tax it has no legal right to following software errors
Follows HMRC computer error which rejected thousands of returns in 2018 and 2019 Relates to 2016/17 and 2017/18 self-assessment returns...
Key tax changes announced in Budget speech that will affect many individuals and businesses
Yesterday the new Chancellor, Rishi Sunak, presented his first Budget and also the first Budget since the UK formally left...
Surge in EIS/SEIS applications being rejected by HMRC driving up cost of raising capital
Advance approval of EIS/SEIS plummets New risk rules mean many start-ups failing to secure venture capital The tightening of...