Record 9.61 million on-time tax returns
A record 9.61 million people found “inner peace” and sent their tax return on time this year, HM Revenue and Customs (HMRC) revealed today.
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Banks pay HMRC half a billion Swiss francs
The ground breaking tax agreement between the UK and Switzerland which came into force on 1 January 2013 has delivered £342 million as the first tranche of revenue to the UK.
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Direct sellers - one month to settle tax bills
People selling directly to customers and who haven’t paid all the tax they owe have one month to come forward and pay up under an HM Revenue and Customs (HMRC) campaign.
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Tax return deadline just around the corner
If you still haven’t sent in your 2011-12 Self Assessment tax return, you’ve got just a few days left to do so and avoid a penalty.
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£26m tax boost from HMRC voluntary sector projects
Grants of £2 million to voluntary and community organisations to help people with taxes, benefits and tax credits led to £26 million in additional tax being declared to HM Revenue and Customs (HMRC) last year.
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New non-executive directors at HMRC
HM Revenue and Customs (HMRC) has announced the appointment of three new non-executive board members, as part of its ongoing governance arrangements.
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Medical research tax avoidance scheme rejected by court
A tax avoidance scheme, designed to abuse rules set up to encourage genuine medical research, has been successfully challenged by HM Revenue and Customs (HMRC) in court.
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Countdown to tax return deadline
The countdown has begun to the 31 January Self Assessment deadline, with just days left for anyone with an outstanding 2011-12 tax return to send it online to HM Revenue and Customs (HMRC).
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Registering for self-employment and Self Assessment
Thinking of setting up your own business or considering self-employment? Follow HM Revenue and Customs’ simple, 10-step guide to setting up as a sole trader.
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Seven things you never knew about PAYE
With the biggest shake-up to Pay As You Earn (PAYE) in nearly seventy years about to start in April, we look at some interesting facts about PAYE.
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Updated tax app launched
Over 250,000 people have downloaded HM Revenue and Customs’ tax calculator app which allows people to work out how much tax they pay and how the Government spends it.
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Businesses warned on late VAT returns
As many as 50,000 businesses that have failed to submit VAT returns will be targeted by HM Revenue and Customs (HMRC) this month with warnings that their tax affairs will be closely scrutinised.
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