Mar 31, 2025 | Business TaxPersonal Tax
According to figures obtained by the Bureau of Investigative Journalism, prosecutions of professionals who help clients evade tax have dropped by more than 75% in the past five years, with fewer than five cases brought in 2023/2024. Targeting “enablers” – including...
Mar 28, 2025 | Business RegulationBusiness Tax
The Government is considering significant changes to how companies apply for research and development (R&D) tax relief, with a new consultation launched on the use of advance assurances. Currently, companies can voluntarily apply for advance assurance from HMRC to...
Mar 26, 2025 | Business TaxPersonal Tax
From 31 March 2025, HMRC will launch a new escalation service for tax agents and accountants facing long delays with PAYE and self assessment queries. The service is designed to support cases where agents have tried and failed – at least twice – to resolve an issue...
Mar 13, 2025 | Business RegulationBusiness Tax
The Government is set to increase rewards for whistleblowers who provide tax fraud and evasion information. James Murray, the Exchequer Secretary to the Treasury, announced the plan at a joint ICAEW/CIOT conference on 11 March. Under the new system, whistleblowers...
Mar 6, 2025 | Business TaxPersonal Tax
HMRC’s clampdown on IR35 off-payroll working rules has raised £4.2bn in additional tax, National Insurance, and apprenticeship levy payments between October 2019 and March 2023. Around 120,000 contractors were affected, with the average individual paying £10,000 more...