HMRC’s Second Incomes Campaign
On a regular basis HMRC runs campaigns to encourage payment of tax by specific groups of people – defined by sector or indeed a common issue which has come to their attention.
On a regular basis HMRC runs campaigns to encourage payment of tax by specific groups of people – defined by sector or indeed a common issue which has come to their attention.
HMRC have updated their online guidance in relation to the Worldwide Disclosure Facility.
Following last week’s election it looks likely that plans to introduce the government’s ‘Making tax Digital’ plans will be, if not shelved, then significantly delayed.
Scammers are getting ever more sophisticated in spotting opportunities to get taxpayers to believe they are being contacted by HMRC with a request to pay tax they owe.
On 26 June 2017 changes will be made to UK anti-money laundering measures to help prevent money laundering and terrorist financing.
HM Revenue and Customs are seeking comments on this draft guidance covering the new Corporate Interest Restriction rules.
HMRC have updated their online guidance “Your guide to making a voluntary disclosure” for individuals and companies who need to make a voluntary disclosure but who aren’t eligible for HMRC Campaigns.
HMRC have updated their Money Laundering Regulations which apply to a number of different business sectors, including financial and credit businesses, accountants and estate agents, as well as our work here at Bedrock.
Due to the general election being called early, HMRC has extended the deadline for responses to its consultation on the taxation of employee expenses. The deadline is now 10 July this year.
The parliamentary briefing paper “Tax Avoidance: recent developments” provides an introduction to the issue of tax avoidance, the development of legislation to combat avoidance and more recent developments, including an overview of the provisions removed from the Finance Act 2017 before enactment due to the calling of the general election.
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