Hmrc

Statistics released yesterday by HMRC have revealed that Scotland has seen another rise in Research and Development (R&D) tax credit claims. The latest 2017-18 figures show Scottish companies made a total of 2,210 claims, up from 1,900 made that this time last year.

The Financial Reporting Council (FRC) has appointed Simon Dingemans and Sir Jon Thompson as its new chairperson and chief executive respectively. Simon Dingemans replaces Sir Win Bischoff, who steps down after six years in the post. Sir Jon Thompson succeeds Stephen Haddrill who held the role of chi

Anderson Anderson & Brown LLP (AAB) has appointed partner Derek Gemmell as head of innovations tax. Mr Gemmell has been with the firm for eleven years.

Bosses at Goals Soccer Centre, the five-a-side football pitch provider, have admitted that the £12 million blanks in their accounts could be much higher.

Alex Docherty, tax partner at Johnston Carmichael, wrote for The Courier and Advertiser about concerns over farmhouse tax relief.

As half-year export figures show growth, the Scotch Whisky Association (SWA) has called on the UK Government to ensure certainty in future trading conditions.

HMRC has kept its promise to adopt a light-touch approach on the imposition of fines for businesses who have failed to file on time with the shift to the new Making Tax Digital (MTD) system for VAT, according to Saffery Champness LLP. HMRC had not issued any fines for the 120,000 businesse

HM Revenue and Customs (HMRC) will be the largest department based at the flagship UK Government Hub in Edinburgh, now dubbed "Queen Elizabeth House", when the first teams start to move in from April 2020.

Some taxpayers in Wales have been paying the wrong rate of tax after having the Scottish tax code mistakenly applied to them, HMRC has admitted. The Welsh Rates of Income Tax (WRIT) was introduced in April 2019, three years after the introduction of the Scottish Rate of Income Tax (SRIT) in 2016.

Peter Dylewski New measures to crackdown on abuse of a VAT simplification scheme may be ineffective and have unwelcome consequences for tax-compliant small businesses, the Chartered Institute of Taxation (CIOT) has warned.

HMRC is making progress in ensuring that income tax levied under the Scottish rate will be assessed and collected properly, but still faces significant challenges to ensure that all Scottish taxpayers are correctly identified, according to a report by the National Audit Office. The key challenge to

HM Revenue & Customs is offering a selection of webinars to help the self-employed get tax advice, with advisers on hand to answer any typical tax questions.

Shadow Scottish Secretary Ian Murray MP Partial control over income tax rates in Scotland may not be devolved before the Scottish budget is presented to Holyrood, according to an internal HMRC document.

Citizens Advice chief executive Gillian Guy HM Revenue and Customs (HMRC) has come under fire from Citizens Advice for leaving taxpayers waiting on the phone for too long.

Every home in Scotland is set to receive a letter explaining how the new Scottish Rate of Income Tax (SRIT) will work. HM Revenue and Customs (HMRC) is preparing to issue reminders to all households that they will need to provide up-to-date details of their address to tax officials so they can make