Advisers see growing evidence of tax worries among clients

More than half (54%) of advisers cite the cost-of-living crisis as one of the main three reasons why clients are struggling to pay their tax bills. This was followed by 50% who said clients have seen their revenue fall, and 49% who cited personal circumstances of clients such as divorce. Just over half (55%) of advisers said HMRC sent a bailiff or enforcement officer to their clients' firm's premises to identify goods for seizure because a corporation tax bill was overdue. At least 73% expect this to continue over the next five years. The TTP scheme allows eligible businesses extra...