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Making Tax Digital for VAT pilot open for business

Making Tax Digital for VAT pilot open for business

A pilot for a new online VAT service was launched today, with HM Revenue & Customs (HMRC) inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.

Claim tax relief on business expenses

Go direct to get tax relief on work expenses

Nurses, hairdressers and construction workers are among millions of employees being urged by HM Revenue and Customs (HMRC) to go online and directly check if they can claim extra cash back.

Savers to earn 50p for every £1 thanks to new Government backed saving plan

Savers to earn 50p for every £1 thanks to new Government backed saving plan

Hardworking people on low incomes are set to benefit from a new Government savings account that offers a 50% bonus. Help to Save will reward savers with an extra 50p for every £1 saved, meaning over 4 years a maximum saving of £2,400 would result in an overall bonus of £1,200.

Time to declare your offshore assets

Time to declare your offshore assets

HM Revenue and Customs (HMRC) is urging UK taxpayers to come forward and declare any foreign income or profits on offshore assets before 30 September to avoid higher tax penalties.

HMRC publishes Annual Report and Accounts for 2017 to 2018

HMRC publishes Annual Report and Accounts for 2017 to 2018

HMRC has published its Annual Report and Accounts for 2017 to 2018 today, 12 July. 
The report and accompanying documents can be read here: https://www.gov.uk/government/publications/hmrc-annual-report-and-accounts-2017-to-2018 
Jon Thompson, Chief Executive, outlines the achievements of the department in the last year and sets out the goals for the department in 2018 to 2019. 

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HM Revenue & Customs (HMRC) is the UK’s tax authority

HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.

HM Revenue & Customs (HMRC)

100 Parliament St
SW1A 2BQ London