HMRC

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HMRC takes new measures to toughen stance on debt recovery

Feb 07, 2019

HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year. In data obtained via a Freedom of Information request, it was revealed ...

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Record number of Self-Assessment tax returns filed by the deadline

Feb 04, 2019

HM Revenue and Customs (HMRC) has revealed that a total of 93.68 per cent of Self-Assessment tax returns were filed by the deadline. This equated to a record number of 11.5 million taxpayers submitting their 2017/18 tax returns by 11:59 pm ...

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HMRC wrongly issue fines before the self-assessment deadline

Jan 21, 2019

It has been revealed that Her Majesty’s Revenue & Customs (HMRC) has wrongly issued millions of fines to taxpayers, just weeks before the self-assessment deadline on the 31st January. Currently, 11.5 million workers are calculating their tax to ensure they submit ...

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New Government service has helped 200,000 start-up businesses

Jan 07, 2019

Since the Streamlined Company Registration Service was launched last year, more than 200,000 start-ups have used the service. HM Revenue and Customs (HMRC) and Companies House collaborated and set up the Government led service to allow start-ups to jointly register their ...

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HMRC issue reminder over Self-Assessment tax returns

Jan 03, 2019

HM Revenue and Customs (HMRC) have issued a reminder that taxpayers have less than a month left to complete and submit their Self-Assessment tax returns. Ahead of the deadline on 31 January, there are still over 5.5 million returns left to ...

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HMRC urging businesses to prepare for potential no-deal Brexit

Dec 06, 2018

Ahead of Britain’s upcoming departure from the European Union (EU), HM Revenue & Customs (HMRC) is warning businesses about the necessary steps they need to take to prepare for the unlikely event of a no-deal Brexit. The Government is currently in ...

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