HMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a... View article Corporate Tax UK losing billions to Small Business tax evasion, NAO report finds 2m Accountancy Age UK losing billions to Smal...
If you have tax arrears, it’s important to put in place appropriate measures as soon as possible, to help you to effectively manage your repayments while maintaining cash flow. Business with arrears may benefit from the government’s Time to Pay Arrangements, which allow the business to ...
More than 1.7m people are already using the HMRC app every month, which enables users to access services such as making a Child Benefit claim, finding your National Insurance number and a tax calculator to estimate your take-home pay. 23 October 2024 11:06 On your marks – 100 days to...
Definition of HMRC Time To Pay serviceTime To Pay is a service that allows businesses or individuals to agree an alternative payment plan with HMRC if they are having difficulty paying a tax bill.If a self-employed business owner who files their Self Assessment tax return cannot pay the bill...
HMRC deals pension tax blow to employersThe article reports on Great Britain HM Revenue & Customs' (HMRC's) stance than Europe on how much tax firms should pay on pension costs.Glenister, MichaelMoney Marketing
The UK’s tax department has gone live with a further step in embedding Open Banking into its operations, according to Global Government Fintech. After HM Revenue & Customs (HMRC) introduced a ‘Pay by bank account’ option for people making online self-assessment tax returns, it has...
tax-free-childcare-paymentsacronyms used: TFC - the government held tax-free childcare account, from which parent can benefit from gov top-ups EPP - external apps that parent typically use to pay for their childcare invoices. CCP - childcare providersParents...
“When I became chief executive, I identified pay and contract reform as a key priority for me and HMRC, because it's a key priority for our people. And I think it's necessary both to help me make HMRC the modern, trusted tax authority I want it to be, but also to make it a gr...
Google signs deal to pay just PS130million in unpaid tax; Kerching! Internet giant lands bumper contract for job at HMRC; EXCLUSIVE She has put the foundations in place that will see HMRC become one of the most digitally-advanced tax authorities in the world. HMRC CEO to leave in April ...
Park said the law aimed to reduce the “legal interpretation” tax gap, which was originally estimated at about £6bn in 2019-20 but has since fallen to roughly £4bn. The tax gap is the difference between the amount HMRC estimates should be collected and what is actually paid, and in...