Hmrc

A substantial number of Scottish businesses could potentially miss out on vital research and development (R&D) tax relief by failing to meet new requirements to pre-register their intention to make a claim, a tax expert has claimed. According to Gemma Monaghan, Azets partner and national head of

HM Revenue and Customs (HMRC) has backtracked on plans to shut its self-assessment telephone helpline for half the year after facing intense backlash. The tax authority had announced the line would close between April and September, directing taxpayers online instead. However, less than 24 hours lat

The UK government is set to enlist private debt collectors to pursue individuals and companies owing up to £4.3 billion in unpaid taxes, as part of a major crackdown spearheaded by HM Revenue and Customs (HMRC). Under Chancellor Jeremy Hunt's proposals, debt collection agencies will be contrac

Scottish salmon has been named as the UK’s top food export in 2023, following the publication of annual HMRC figures.

HMRC has garnered £1 billion in additional revenue through investigations into underpaid landfill tax over the past five years, with a £281 million collected in the last year alone, according to law firm Pinsent Masons. Landfill tax is imposed on waste disposed of in landfill and is desi

More than 1.1 million UK taxpayers have failed to meet the January 31 self-assessment filing deadline, resulting in a 10% increase from the previous year, as reported by HM Revenue & Customs (HMRC).

HMRC has revealed that it will not appeal against Loose Women presenter Kaye Adams' court win over IR35 rules.

Aberdeen Italian restaurant boss, Masoud Mehri, has been jailed for 58 weeks after he failed to pay more than £50,000 in taxes. Mr Mehri ran the now-closed Piccolo on Bon Accord Terrace in Aberdeen.

The Chartered Institute of Taxation (CIOT) has voiced continued concerns over HMRC's approach to managing research and development (R&D) tax relief compliance.

HM Revenue & Customs (HMRC) is bracing for a surge in taxpayer queries and potential operational strain as an estimated 1.2 million individuals have found themselves liable for tax on savings interest due to increased earnings and higher savings rates.

Recent data unveiled by ACCA has highlighted significant issues UK accountants face when interacting with HMRC services at even the most basic level. Over half (52%) of the surveyed UK ACCA members voiced concerns that HMRC's service quality was negatively affecting their work efficiency. This

The Institute of Chartered Accountants of Scotland (ICAS) has raised concerns in response to the Chancellor's announcement proclaiming an immediate cap on the Civil Service headcount. The UK government decided to introduce cap on headcount at its current level will be introduced with immediate effec

A new regulation has come into effect requiring Scotland’s 29,000 taxi and private hire drivers to undergo HM Revenue and Customs (HMRC) tax checks as a prerequisite for the renewal of their operating licences. The new measure aims to foster tax compliance within the taxi and private hire indu

The Institute of Chartered Accountants of Scotland (ICAS) has expressed concerns to HM Treasury in its review of the supervisory model for anti-money laundering (AML) and counter-terrorism financing (CTF) compliance, with three of the models listed in the consultation putting recent progress in

Scottish businesses stand at risk of losing up to £100 million this year, a consequence of non-compliance with newly instated requirements for research and development (R&D) tax relief claims, an R&D tax relief expert has warned. “The unclaimed £100m should be invested