Jun 21, 2022Man sentenced over HMRC phone scamA Norfolk man who allowed his bank account to be used to steal more than £4,000 in two separate scams has been sentenced Click below to...
Jun 18, 2022HMRC updates Basic PAYE Tools for national insurance thresholdHMRC has issued an important update to the Basic PAYE Tools (BPT) which need to be used from the beginning of July 2022 due to national...
Jun 10, 2022HMRC names PAYE tax avoidance promoterAs part of its clampdown on tax avoidance promoters, HMRC is warning taxpayers not to sign up to a payroll scheme promoted by...
May 25, 2022HMRC raises interest rates on late taxFollowing the increase in the Bank of England base rate to 1% last week, HMRC has confirmed that it will raise interest rates on late tax...
May 23, 2022Half of young people stressed about moneyNearly half, 49%, of young people are stressed ‘most or all of the time’ with the main reason being financial worries reveals Deloitte’s...
May 18, 2022Takeaway owner jailed for £350k tax fraudThe owner of a Chinese takeaway has been sentenced to two and half years in prison after they evaded £350,000 worth of tax Ying Ni, of...
May 17, 2022HMRC launches one-stop-shop for tax supportHMRC has launched a one-stop-shop that has compiled together multiple areas of financial support available to taxpayers that could help...
May 15, 2022Coffee wholesaler banned over £50k bounce back loanA coffee wholesaler failed to keep adequate records to justify why he had claimed a £50,000 bounce back loan shortly before going bust...
May 14, 2022Banned director’s £108k tax appeal rejectedA banned director’s appeal against a personal liability notice for unpaid tax of £108,059.07 has been rejected The First Tier Tribunal...
May 14, 202239% rise in company insolvencies in one monthThe UK saw 2,114 company insolvencies in March 2022 which is a 39% increase from February The latest figures, released by the Insolvency...
May 14, 2022The big five challenges facing accountantsNew legislation, National Insurance changes, hybrid working, and the unpredictability of UK tax policy pose some of the biggest...