
HMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.

Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.

As the cost-of-living crisis continues, your business might be looking for ways to cope with soaring energy bills and interest rates.

More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.

With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.

Accountants are saving businesses time and money as well as easing the pressure of rising inflation, according to a new survey.

Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).

Communication and networking may not seem a priority for busy SMEs struggling against economic headwinds at the moment.

With the deadline for returning paper Self Assessment tax returns for the 2021 to 2022 tax year rapidly approaching, HM Revenue & Customs (HMRC) has warned taxpayers to be on the lookout for fraudsters.

As the UK labour shortage continues, it has been reported that Prime Minister Liz Truss is to launch a review of the UK’s visa scheme.

The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills.