Inchmead
HMRC catches website scammer 6,500 miles away
Cybercrime experts at HMRC have helped bring down a prolific fraudster who sold criminals software to scam UK taxpayers HMRC worked with...
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Inchmead
Oct 30, 20233 min
Small companies will have to report P&L figures
The government is going ahead with plans to tighten up the accounts filing framework for small companies with mandatory profit and loss...
Inchmead
Oct 26, 20233 min
McVitie’s must pay 20% VAT on Blissfuls biscuits
HMRC has won the latest case about VAT on 'chocolate' biscuits as First Tier Tribunal rules that McVitie’s Blissfuls are liable for VAT...
Inchmead
Oct 26, 20233 min
Warning on tax liability as state pension rises
HMRC is writing to taxpayers who will incur a tax liability on their state pensions removing them from self assessment, but are providing...
Inchmead
Oct 13, 20235 min
KPMG fined £21m for ‘seriously deficient’ Carillion audits
Big Four audit firm KPMG has been fined a record £21,420,000 for ‘exceptional’ and ‘seriously deficient’ audit work related to collapsed...
Inchmead
Oct 13, 20233 min
Business insolvencies rise 17% on last year
Business insolvencies rise 17% on last year The worst hit sectors were construction, manufacturing and retail industries, reflecting the...
Inchmead
Oct 11, 20231 min
HMRC clarifies tax on home charging of company cars
HMRC has amended guidance on the tax treatment of electric charging of company cars and vans at residential properties The costs of...
Inchmead
Oct 9, 20232 min
Businesses call for one Budget not two fiscal events
Manufacturers are calling on the Chancellor to reform the UK’s business taxes and create one annual fiscal event, rather than the current...
Inchmead
Oct 9, 20233 min
Buy to let landlords caught in £50m tax avoidance scheme
Buy to let landlords caught in £50m tax avoidance scheme The scheme is likely to have resulted in up to £50m of tax avoidance by breaking...
Inchmead
Oct 2, 20232 min
HMRC won only 11 cases against wealthy tax evaders
HMRC investigations led to prosecutions against just 11 high net worth people accused of evading tax last year although 300 people are...
Inchmead
Oct 2, 20232 min
National living wage to increase to minimum £11
National living wage to increase to minimum £11 This means that the rate for workers over 23 would go up from the current £10.42 an hour...
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