HomeNewsHMRC News

HMRC News

  • Insolvency: HMRC’s Preferential Creditor Status to be restored

    • 16th April 2019
    • Posted by: Suzy Hill
    • Category: Business News, HMRC News
    No Comments
    16th April 2019 Posted by: Suzy Hill Category: Business News, HMRC News No Comments Insolvency: HMRC’s Preferential Creditor Status to be restored From 6 April 2020, the government will change the rules so that when a business enters insolvency, more of the taxes paid in by its employees and customers but held in trust by
    read more

  • HMRC crackdown on estate agents over money laundering failures

    • 6th March 2019
    • Posted by: Suzy Hill
    • Category: HMRC News
    No Comments
    6th March 2019 Posted by: Suzy Hill Category: HMRC News No Comments HMRC crackdown on estate agents over money laundering failures Estate agents have been hit with unannounced inspections as part of a week-long crackdown on money laundering in the property industry, while national chain Countrywide has been fined a record £215,000 for breaches of
    read more

  • HMRC warns of 360% rise in landline phone tax scams

    • 4th March 2019
    • Posted by: Suzy Hill
    • Category: HMRC News
    No Comments
    4th March 2019 Posted by: Suzy Hill Category: HMRC News No Comments HMRC warns of 360% rise in landline phone tax scams HMRC is warning households with a landline number to be vigilant of phone calls from fraudsters pretending to be the tax authority, after a surge in the number of scams using this approach
    read more

  • HMRC advisory fuel rates for company car users from 1 March

    • 22nd February 2019
    • Posted by: Suzy Hill
    • Category: Business News, HMRC News
    No Comments
    HMRC Advisory Fuel Rates
    22nd February 2019 Posted by: Suzy Hill Category: Business News, HMRC News No Comments HMRC advisory fuel rates for company car users from 1 March HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2018 with a 4p advisory electricity rate for fully electric cars The advisory
    read more

  • Businesses not ready for Making Tax Digital VAT deadline

    • 19th February 2019
    • Posted by: Suzy Hill
    • Category: Business News, HMRC News, Making Tax Digital
    No Comments
    19th February 2019 Posted by: Suzy Hill Category: Business News, HMRC News, Making Tax Digital No Comments Businesses not ready for Making Tax Digital VAT deadline Nearly two thirds of businesses (64%) say that Making Tax Digital is a good idea but that they need more support with their plans ahead of the deadline of
    read more

  • Ignore email scams promising fake HMRC tax refunds

    • 18th February 2019
    • Posted by: Suzy Hill
    • Category: Business News, HMRC News
    No Comments
    18th February 2019 Posted by: Suzy Hill Category: Business News, HMRC News No Comments Ignore email scams promising fake HMRC tax refunds Scammers are targeting self assessment taxpayers by email claiming they are entitled to tax refunds and asking for bank details to transfer the money This comes just weeks after the filing deadline for
    read more