News
Tax and finance updates
Every day brings news of changes to tax law or government policy, or the emergence of facts and figures with implications for British businesses and individuals. Our daily news feed helps our clients keep their fingers on the pulse of what’s going on, with comment and insight from industry figures, government officials and trade bodies.
CIOT: R&D crackdown deters legitimate claims
Current ‘volume compliance’ approach does not work.SMEs responsible for 56% of tax gap
Tax gap rises by 5% to £36bn.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.HMRC defends decision to close self-assessment helpline
Treasury says reasons for temporary closure “not good enough”.Alcohol duty changes could raise extra £3bn
One month until new alcohol duty system introduced.HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.CIOT: Clearer guidance needed on cryptoassets
Professional bodies propose recommendations to HMRC.Thousands fined despite not owing tax
Low earners account for 40% of late-filing penalties.ICAS: UK needs tax incentives to drive net zero targets
Tax leaders call for sustainability reporting standards.HMRC accused of ‘poor complaint handling’
Poor service levels drive customer complaints.
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