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Taxpayers entitled to refunds after High Income Child Benefit Charge review

Posted on 11 Jun, 2019

HM Revenue & Customs (HMRC) has announced that it will refund taxpayers who did not register for the High Income Child Benefit Charge (HICBC) providing they have a “reasonable excuse” for not doing so.

HMRC withdraws its appeal against pension tax case

Posted on 7 Jun, 2019

HM Revenue and Customs (HMRC) has recently withdrawn an appeal against a key pension tax court case.

UK food and drink exports reach £5.8 billion in record first quarter

Posted on 6 Jun, 2019

UK food and drink exports reached £5.8 billion in the first quarter of 2019, a record high for first-quarter sales values, according to the Food and Drink Federation (FDF).

Enterprise Investment Scheme raises £20 billion since inception

Posted on 4 Jun, 2019

Companies in the UK have received tax-free investment of over £20 billion since the introduction of the Enterprise Investment Scheme (EIS) in 1993, new figures have revealed.

What happens if…I want to set up a UK subsidiary

Posted on 4 Jun, 2019

Despite some of the recent doom and gloom, the UK still offers excellent opportunities to foreign businesses looking to expand their market or benefit from the UK’s generous reliefs and extensive pool of talent. Registering a new business in the

Fake phone calls top tax fraud, says HMRC

Posted on 3 Jun, 2019

New anti-fraud measures have helped stop thousands of criminals spoofing HM Revenue & Customs’ (HMRC) phone lines, a new report has revealed.

Freelancers missing out on £28 billion per year

Posted on 31 May, 2019

According to the latest research from Setapp, the frontier platform for Mac app subscription services, basic administrative tasks are costing freelance workers billions of pounds each year.

One-third of tax advisers are not regulated by professional bodies

Posted on 30 May, 2019

One in three tax advisers are not regulated by a professional body, according to research commissioned by HM Revenue & Customs (HMRC).

HMRC targets thousands over tax evasion schemes

Posted on 28 May, 2019

More than 1,000 individuals were referred for prosecutions in relation to tax evasion offences in 2018, the latest statistics reveal.

P11Ds – what do I need to report?

Posted on 28 May, 2019

If you run a business, you might also provide benefits, or non-exempt expenses, to some or all of your employees. If you do, it is important to be aware of the P11D form that needs to be completed and sent