by Claire Aston | Mar 26, 2025
Photo credit: HM Treasury HMRC’s target for prosecution ‘charging decisions’ to be set 20% above the rates achieved in 2023-24. These rates have collapsed since pre-pandemic. It will be 2029 before HMRC’s target returns to the rate achieved in 2019-20 – a lost decade,...
by Claire Aston | Feb 5, 2025
Over 1.1m of UK taxpayers miss the deadline for submitting their self-assessment return deadline for 2023/24 of 31 January 2025 Automatic £100 late filing penalty automatically due, rising to £300 if the return remains outstanding by end of April Penalty is charged...
by Claire Aston | Jan 30, 2025
Photo credit: Sky News The Labour government’s recent announcement at Davos of changes to their (non UK domiciled) ‘non-dom’ policy marks a significant retreat from one of their few concrete tax commitments. Speaking at the World Economic Forum, Chancellor...
by Claire Aston | Jan 7, 2025
Error and fraud within R&D tax relief reached £1.1bn in 2020-21 (24% of all claims) before HMRC took action to stem the losses and tighten up the claims processes. New disclosure facility launched for businesses who overclaimed R&D relief wanting to set their...
by Claire Aston | Dec 17, 2024
Sir Jim Harra, outgoing CEO of HMRC, got a tense grilling by the Public Accounts Committee (PAC) yesterday when he admitted that HMRC don’t have a specific strategy or target for tax evasion within the overall tax gap, as found by the National Audit Office which we...
