Via two entry points, HMRC is seeking richer data to risk-assess and enquire into directors’ personal and company tax affairs ...

Inheritance tax is one of the more controversial elements in many budgets - to some, it's a reasonable contribution paid by those who are passed down money by the richest people, while others see it ...

HM Revenue and Customs (HMRC) has announced that the threshold for filing a Self-Assessment tax return will rise from £1,000 to £3,000 by the end of 2029. Up to 300,000 freelancers and side hustlers ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

HMRC’s approach to tax compliance is becoming increasingly proactive. With tax revenues rising and political pressure to close the tax gap intensifying, businesses are now operating in a far more ...

The news that HM Revenue & Customs (HMRC) has collected £1bn more in tax than expected from the 2021 private sector roll-out of the IR35 reforms should not be considered a sign of the initiative’s ...

Although the news that Tory party chairman Nadhim Zahawi had paid a penalty for failing to file his taxes properly first surfaced during his short tenure as chancellor from July to September 2022, his ...

UK taxpayers are receiving HMRC letters demanding repayment of about $1,625 years after refunds. Here is what to check and how to respond. Photo credit: Pexels A letter from the tax office can trigger ...