Official statistics have shown that the UK tax gap fell to its lowest-ever level of 6.5 per cent in 2014/15, as HM Revenue & Customs (HMRC) intensifies its crackdown on tax avoidance, evasion and non-compliance.
Author Archives: Howard Roth
HMRC to roll out real time PAYE coding adjustments by 2017
HM Revenue & Customs (HMRC) has released a list of priorities to allow for real time adjustments to taxpayer’s tax codes so that they pay the right amount of tax within the current tax year, as part of their ongoing … Continue reading
Businesses reminded of changes to National Minimum Wage
From 1 October the UK national minimum wage (NMW) has increased for all workers under the age of 25.
Don’t miss the self-assessment deadline
With only a few months left to ensure that their tax returns are completed correctly and filed on time, businesses and individuals are being encouraged to seek help.
Revenue reviews card payments in cash-in-hand crackdown
HM Revenue & Customs (HMRC) has confirmed that, as part of a crackdown on cash-in-hand payments, it is monitoring the proportion of card payments processed by small businesses, including restaurants and retailers.