HMRC registration for Money Laundering Supervison is moving online, those who are digitally excluded may still register on paper.
SME Tax News
Plans to increase probate fees for all estate worth inexcess of £50,000 increase from May 2017 have been dropped: there is no time to introduce the legislation because of the general election.
Hello
What a week: the chancellor has backed down on his Spring Budget announcement on increasing NICs for the self-employed and now the House of Lords are urging HMRC to put the brakes on Making Tax Digital.
The House of Lords Finance Bill Sub-Committee has called on HMRC to put the brakes on Making Tax Digital (MTD) for business amidst widespread fears that MTD won't make any savings for government and is being rushed.
The chancellor has announced a U-turn on his proposed rise in National Insurance rates for the self employed.
In R&J Birkett T/A The Orchards Residential Home & Others v HMRC [2017] UK UT 0089 the Upper Tribunal upheld daily penalties for failure to comply with information notices where initial fixed penalties were under appeal.
HMRC have released their latest 'name and shame' list of deliberate tax defaulters. The list details the name of the defaulter, the industry, tax avoided, and penalties charged.
Hello
The dust has still not settled following the Spring Budget on Wednesday following proposals to raise National Insurance for the self employed. The future, in general terms is not looking so good for the UK's 5.5 million self employed.