Inchmead
UK and Swiss recognise reciprocal audit qualifications
Regulators in the UK and Switzerland have signed a deal to allow auditors trained in each country to continue to work professionally in...
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Inchmead
Dec 12, 20232 min read
Just 103 Covid fraud tip-offs investigated
Over 5,000 calls have been made to the Covid fraud hotline but only one in 50 cases are being investigated With over £7bn of covid fraud...
Inchmead
Dec 8, 20231 min read
HMRC will not handle PAYE queries during SA peak
HMRC has informed accountants and tax advisers that during the self assessment peak period, the agent dedicated line will not deal with...
Inchmead
Dec 4, 20232 min read
Online whisky investors lose £3m to fraud
The Advertising Standards Authority has warned investors to be wary of whisky investment advertisements on social media In the last year...
Inchmead
Dec 4, 20232 min read
Quarter of income tax paid by only 100,000 people
Almost a quarter of all income tax and capital gains tax was paid by just 100,000 individuals who shelled out a total of £55.9bn, despite...
Inchmead
Dec 1, 20232 min read
Crypto investors warned to disclose unpaid tax
HMRC has given crypto investors the opportunity to voluntarily disclose unpaid tax going back four years on their cryptocurrency and...
Inchmead
Dec 1, 20234 min read
Fulham property owner wins £1m tax dispute
‘Inadequately and carelessly’ assembled bundle contributed to HMRC’s loss of a case against a property owner over the sale of several £1m...
Inchmead
Dec 1, 20232 min read
Lawyer avoids jail for client tip off in SFO probe
William Osmond was given a suspended sentenced at the Old Bailey for tipping off his client about an ongoing money laundering...
Inchmead
Nov 24, 20233 min read
PAYE only high earners removed from self assessment
High earners with PAYE income over £150,000 will no longer have to file a self assessment tax return from 2025 MRC has confirmed the...
Inchmead
Nov 23, 20232 min read
National living wage increases to £11.44
The Chancellor has confirmed a 9.7% rise in the national living wage from April, worth over £1,800 a year for a full-time worker The...
Inchmead
Nov 23, 20232 min read
HMRC targets landlords with property businesses
Landlords with properties held in incorporated businesses are being warned to check that they are fully compliant with their tax affairs...
Inchmead
Nov 7, 20232 min read
Carpenter banned over £50k covid loan fraud
The director of a Wolverhampton joinery installation business has been banned for 10 years after fraudulently claiming a £50,000 bounce...
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