HM Revenue and Customs (HMRC) has recently issued nearly 350,000 incorrect short tax returns, indicating an error in taxpayers’ capital gains allowance.
The tax gap – the difference between the amount of tax that should be paid and what is actually paid – has shrunk to just 5.6 per cent.
The length taken to settle HM Revenue & Customs (HMRC) tax investigations reached an all-time high in March 2019.
HM Revenue and Customs (HMRC) has recently withdrawn an appeal in a key court case over a 55 per cent charge it wanted to levy.
According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks.
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.
According to data released by HM Revenue & Customs (HMRC) inheritance tax (IHT) payments have hit a record high.
Every April and May, taxpayers are inundated with fraudsters purporting to be HM Revenue and Customs (HMRC). Refund scams circulate as it coincides with HMRC legitimately processing tax rebates.
The presenter of television show Loose Women, Kaye Adams, has become the latest TV personality to win a case against HM Revenue & Customs (HMRC) over her employment status.