I know we are all waiting for the wonderful day that we can file accounts/CT600 for limited companies with post 31/3/11 year ends.
A new computer system that will administer the single benefit credit is “guaranteed” to fail because the benefit system is so complicated, a consultant has claimed.
A Wolverhampton phone retailer has been jailed for committing VAT fraud worth £754,000.
HMRC’s Business Records Checks programme has been scaled back, despite claims by the Revenue that it is in fact extending it.
The amount of tax that went uncollected in 2009-10 was £35bn, down £4bn from the previous year, according to the latest estimate of the UK “tax gap” published by HMRC.
Fraudulent “phishing” emails purporting to be from the taxman have risen by about 300% over the past year, according to HMRC.
The ICAEW Tax Faculty has broadly welcomed proposals on the Agent Strategy, but still has a ‘number of reservations’ on how tax agents will engage with HMRC.
HM Treasury will continue in its fight against tax avoidance by the UK's wealthiest people with the recruitment of an additional 2,250 tax inspectors.
Britain’s top tax official has defended HMRC’s strategy for tackling tax evasion and the recent tax deal with Switzerland. Nick Huber reports.
- ICAS: HMRC record checks are “flawed” 226,878 18
- Reasonable Excuse scorecard 2011: Taxpayers 20 HMRC 12 50,542 17
- HMRC helplines begin move to 03 numbers 38,277 19
- HMRC ‘reasonable excuse’ definition under fire 30,042 22
- Struck-off companies dodge £16bn a year 27,164 59