News

Ex-Countryfile star Jack Stilwell jailed after £1.8M VAT scam involving fake tax returns across three farming businesses.
A man who tried to rip off the government out of £1.8m through VAT fraud was a former Young Farmer of the Year who rose to ...
The government confirmed in the Spring Statement an increase in late payment penalties for VAT and income tax taxpayers as they join Making Tax Digital ...
If you’ve ever found yourself staring at a receipt, wondering how much of it went to tax, or trying to figure out how much ...
HMRC issued fresh guidance on Monday, March 31, cautioning about a recent scheme that it had been made aware of. It can allegedly reduce companies' tax obligations and simultaneously return funds to ...
Promeridian Services Ltd (PS) registered for VAT in September 2019. Its sole director/shareholder, Leon Marian, had ...
HM Revenue & Customs will hike late payment interest to 8.5 per cent from April 6 2025. The gap between what it charges ...
HMRC, which is the tax arm of the Labour Party government, says the scheme operates by purchasing 'advertising' from the ...
Value Added Tax (VAT) – a levy that has only been around 53 years – still finds itself the centre of attention at the HQ of HMRC. Introduced in the Finance Act 1972, VAT is considered one of ...
Halfway through a major commercial engagement principally created to enable the tax department to modernise systems, ...
The scheme operates by purchasing 'advertising' from the promoter, claiming a deduction for the expense, and reclaiming VAT.
"This includes using the enablers penalty regime for anyone who designs, sells or enables the use of abusive tax avoidance arrangements which are later defeated by HMRC.” You can also report tax ...