There is a natural and understandable tendency to put off dealing with irritating red tape until the last minute.
HMRC faces a "significant challenge" to work through some £3bn in overpaid taxes, according to a new report from the National Audit Office.
Should an invoice be sent to HMRC if any of the following occur AND incur wasted time on an agent's part:
The amount of tax paid by drivers of company vans has quadrupled in just two years.
The Association of Taxation Technicians (ATT) appoi
HMRC secured its biggest ever confiscation order against two members of a VAT tax fraud gang who stole £37.5m.
The Low Incomes Tax Reform Group (LITRG) has shredded HMRC’s assessment of the impact its plan to cut tax helpline opening hours will have on lower paid and vulnerable taxpayers.
An unpaid tax bill of £2.7m could see Cardiff City Football Club hit by a winding up order if it's unable to raise the funds on time.
In mid 2009 we had to fold an LLP due to lack of sales. The business went down to the tune of nigh on £ 100k, all of which was owed to the founding partners who had kept it going.
A London accountant faces eight years behind bars after being convicted of manipulating both his clients' and his own tax returns, pocketing £11m in income tax and VAT payments.
- ICAS: HMRC record checks are “flawed” 180,880 18
- Reasonable Excuse scorecard 2011: Taxpayers 20 HMRC 12 38,629 17
- HMRC ‘reasonable excuse’ definition under fire 24,567 22
- HMRC loses husband-and-wife settlements case 23,599 18
- Struck-off companies dodge £16bn a year 23,016 59