Letters sent out by Her Majesty's Revenue and Customs (HMRC) informing people they have paid too little tax could be based on inaccurate figures, an accountancy firm has warned.
Financial advisers will lose out on an estimated £80m worth of commission when the government outlaws contracting out of the state pension into private vehicles in April, Standard Life has said.
Advisers are urged by HM Revenue & Customs (HMRC) to warn expatriate clients to be on their guard against falling victim to ‘phishing' emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January.
HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.
Taxpayers suspected of fraud by HMRC will be able to avoid criminal investigations if they admit to their actions, under a new initiative.
Her Majesty's Revenue and Customs (HMRC) has announced changes to allow investors more flexibility when organising their annual drawdown reviews.
People paying 50% tax must claim extra tax relief on their pensions before February or risk losing thousands for good, a private bank estimates.
Her Majesty's Revenue and Customs (HMRC) is trialling a new dispute resolution service for small businesses.
Individuals have until the end of January to file their tax returns for the year ended 5 April 2011. Baker Tilly outlines five tips to avoid unnecessary penalties or charges...
Tax officials have been accused of treating small firms unfairly while taking a soft approach to the tax liabilities of large businesses.