How to use the new HMRC app for your tax returns

Nov 23, 2023

For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex. The new HM Revenue & Customs (HMRC) app seeks to make the process easier, however. The digital tool marks a significant shift ...

Blog, Business, HMRC, Online Payment, PAYE, SMEs, Tax

What business owners need to know about meeting PAYE deadlines

Oct 17, 2023

Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE are made on time. In October 2023, the electronic payment deadline for your PAYE tax bill falls on Sunday, 22 October. To ...

Blog, Business, HMRC, Self-assessment, SMEs

How HMRC’s new online tools can help you simplify taxation

Oct 04, 2023

HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more straightforward for businesses and individuals. Recently, HMRC has rolled out a series of new online tools aimed at simplifying various tax-related ...

3d,Question,Mark,Icon,Sign,Or,Ask,Faq,And,Qa

Blog, Business, Business Advice, HMRC, SMEs

Closing on the inaugural Economic Crime Levy payment – What you need to know

Sep 19, 2023

As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for the Economic Crime Levy (ECL) payment. HM Revenue & Customs (HMRC) has enabled this process by launching an online payment service, ...

Online,Tax,Payment.,Filling,Tax,Form.,Calendar,Show,Tax,Payment

Blog, Business, HMRC

How businesses can navigate and avoid tax disputes with HMRC

Aug 01, 2023

Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted ...

Monthly,Cost,Or,Budget,,Expense,To,Pay,Bill,,Mortgage,Or

Blog, HMRC, SMEs, VAT

New HMRC service allows businesses to set up online payment plans for VAT owed

Jun 13, 2023

HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online. The measure, which came into effect on 31 May 2023, is part of a wider project from ...

Blog, HMRC, Tax

Self-Assessment taxpayers warned of next payment deadline

Mar 01, 2023

Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent. HM Revenue & Customs (HMRC) will automatically add a penalty to your tax bill equal to five per cent of the Self-Assessment tax you owe for 2021/22 ...

Blog, HMRC, Tax

Watch out for tax scams, warns HMRC

Mar 11, 2022

HM Revenue & Customs (HMRC) is warning taxpayers to stay alert to tax scams after a surge in fraudulent activity. The report comes after the February Self Assessment deadline, when self-employed business owners expect to be contacted by the tax authority. According ...

A,Concept,Image,For,Investing,In,Non,Fungible,Tokens,(nfts)

Blog, General news, HMRC

NFT fraudsters arrested by HMRC

Feb 14, 2022

Three people have been arrested on the suspicion of attempting to defraud HM Revenue & Customs (HMRC) for a total of £1.4 million. The suspects may have committed VAT fraud by using Non-Fungible Tokens (NFTs) for 250 possibly fraudulent companies. An ...

Close,Up,Female,Hands,Holding,Credit,Card,And,Smartphone,,Young

Blog, HMRC

HMRC scam calls have decreased by 97 per cent

Jan 25, 2022

Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported. However, as of December 2021, reported scam calls were down by 97 per cent to 2,491. As well as calls, phishing emails saw ...

HMRC