Alcohol duty system changes from next month
All alcoholic drinks to be taxed based on ABV.
Business confidence falls in June
Directors cite stubborn inflation as their main concern.
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.