HMRC

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Why is HMRC sending letters to business owners?

HMRC has sent out letters concerning possible repayments to around 3,000 businesses that claimed wages for furloughed employees through the Coronavirus Job

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Why HMRC severely fined thousands of taxpayers last year

New research by UHY Hacker Young reveals nearly 20,000 individuals and businesses were hit with the harshest possible fines by HMRC in 2019, due to what the tax authority says were deliberate

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HMRC confirms SEISS grant overpayments

HMRC has confirmed that some sole traders received Self Employment Income Support Scheme (SEISS) grants that were too high, or that they should not have

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Tax

ICAEW issues response to HMRC on tax advice

The Institute of Chartered Accountants in England and Wales (ICAEW) has published a response to the call by HMRC for new regulation to raise tax advice standards.

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