Jan 17, 2023 | Government Announcements
The Association of Accounting Technicians (AAT) has cautiously welcomed HMRC's response to its recent consultation on protecting repayment claimants. At the moment, while one-third of the tax sector is unregulated, it causes two-thirds of complaints to HMRC. This lack...
Jan 16, 2023 | Government Announcements
The Treasury has launched a research and development (R&D) tax reliefs review to look into merging the two R&D schemes. This consultation will last two months from 13 January to 13 March 2023, and will focus on different ways to design and implement a single...
Jan 13, 2023 | Government Announcements
MPs from the Public Accounts Committee (PAC) have demanded that HMRC take action to address poor performance and "unacceptable" service standards. While HMRC collected a record-breaking £731.1 billion in taxes and duties in 2021/22, £42 billion is still owed in unpaid...
Jan 11, 2023 | Government AnnouncementsPersonal Tax
Head of the Treasury Committee, Harriett Baldwin, has written to HMRC chief executive Jim Harra, requesting him to explain the long phone waits experienced by taxpayers. Several news outlets, including the Daily Telegraph, have reported that taxpayers who called the...
Jan 10, 2023 | Government Announcements
The Government has announced a new energy bills discount scheme (EBDS) for UK businesses set to replace the current energy bills relief scheme (EBRS) once it ends in March. The new support package will last from 1 April 2023 to 31 March 2024, giving organisations a...
