HMRC
Treasury to double max sentences for tax avoidance and create a new criminal offence
The Treasury is proposing to double maximum sentences for the most egregious cases of fraud from 7 to 14 years to crack down on tax fraud and deter...
HMRC
Latest stories for HMRC.
IR35
Has HMRC conveniently "ignored" double taxation of IR35 for years?
Just as hiring companies are becoming more flexible when it comes to hiring outside IR35 contractors, the government's slow response to double taxa...
News
Self-assessment late penalty charges set to soar
Self-assessment taxpayers who fail to pay by 31 July could face interest charges as high as 7.5% Self-assessment taxpayers should do their best to ...
News
HMRC launches new service for import businesses
Hundreds of thousands of UK traders could benefit from new service to make importing easier Any solo self-employed traders that import goods from f...
HMRC
Apprentice levy loophole smacks of injustice for umbrella company workers and contractors
Who is calling the shots here, HMRC or the umbrella companies? That's a question hundreds of thousands of temp workers and contractors have been as...
HMRC
70% of sole traders in the dark about tax bills
With the self-assessment income tax deadline upon us, research has shown that four in ten (39.2%) sole traders are yet to file and pay their tax bi...
HMRC
HMRC: self-employed mandatory digital record keeping and quarterly reports delayed until 2026
The UK's self-employed have made a collective sigh of relief following the government's delay of mandatory digital record keeping and quarterly rep...
HMRC
Has HMRC admitted that contractors are now paying unnecessary taxes?
Recourse for contractors whose Off-payroll status has been incorrectly assessed appears not to be a priority for the government, according to contr...
HMRC
Contractors: tax specialist says avoid offshore umbrella PAYE schemes
Not all umbrella company PAYE schemes are what they seem says contractor tax specialist In a recent LinkedIn post, Graham Webber Director of Tax at...
IR35
Freelancers: get prepared for more fiscal U-turns, IR35 reform uncertainty
THIS ARTICLE HAS BEEN UPDATED FOR LATEST VIEWS ON IR35 REFORM APPEAL ABANDONMENT SEE DEDICATED SECTION BELOW The new Chancellor, Jeremy Hunt, has r...
News
Fail to register your business while trading? It could lead to prison sentences and an unlimited fine
HMRC is cracking down on individuals who are trading without complying with anti-money laundering requirements. Estate agents are among the top off...
IR35
HMRC scrutiny over freelancers on the rise
TAX CLINIC/READER QUESTION What would trigger an HMRC investigation? Is it different for a limited company freelancer versus an umbrella company wo...