HMRC
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Apr- 2024 -23 AprilHMRC
Tax collected by HMRC rises by 5% to £827.7bn in 2023/24
Tax collected by HMRC in 2023-2024 has reached £827.7bn, almost 5% higher than the previous year, according to new provisional…
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19 AprilTax
FTT dismisses HMRC’s appeal to charge VAT on Mega Marshmallows
The First Tier Tribunal (FTT) has appealed against HMRC’s decision that supplies of Innovative Bites Ltd (IBL) ‘Mega Marshmallow’ are…
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18 AprilHMRC
HMRC confirms 45-strong team dedicated to IR35 cases
HMRC’s specialist compliance team, which is focused on IR35 investigations, reportedly has a headcount of 45 full-time staff, according to…
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Mar- 2024 -20 MarchHMRC
HMRC halts helpline changes
HMRC has today (20 March) announced that it is halting the previously announced changes to its services while the department…
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Feb- 2024 -8 FebruaryHMRC
HMRC sends 8,329 ‘nudge’ letters to crypto investors for owed tax
HMRC has sent a total of 8,329 “nudge” letters to individuals suspected of owing tax on cryptocurrency assets, according to…
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Jan- 2024 -29 JanuaryHMRC
HMRC opened 1,091 serious tax investigations in 2023
HMRC has opened 1,091 serious tax investigations in the last year to March 31 2023, according to multinational law firm…
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3 JanuaryTax
HMRC to crackdown on online trading income
HMRC will require digital platforms to collect information on how much their users make from 1 January 2024. This means…
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Nov- 2023 -21 NovemberLatest News
Today’s news in brief – 21/11/2023
Business advisory firm Fortus has merged with R&D tax credit specialist Copper Tax. Claire Upton, founder and director of Copper…
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21 NovemberTax
IHT receipts set for record breaking year
HMRC has revealed that Inheritance Tax receipts were worth £4.6bn between April and October 2023, £0.5bn higher than the same…
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Sep- 2023 -25 SeptemberHMRC
HMRC increased compliance staff by 3,000, Price Bailey finds
HMRC has increased the number of compliance staff by over 3,000 in the past year alone in a bid to…
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