Internal software engineers working for the tax department have implemented a machine learning tool which identifies and ...

As the self-assessment deadline looms, UK mobile phones are buzzing with fake HMRC alerts. Could you be the next target of ...

David Kindness is a Certified Public Accountant (CPA) and tax expert: “Creating a VAT invoice isn’t complicated once you know ...

Following replacement of initiative with alternative scheme focused on ‘deeper transformation’, detail is provided on ...

HMRC is set to adjust its fees structure after the Bank of England's recent decision to decrease the base interest rate. The central bank has cut the base rate from 4.75% down to 4.5%. That move ...

Such an outcome would defeat the purpose of the reform." The new power would allow HMRC to notify a taxpayer to correct the error, providing reasons. The taxpayer would then have a legal ...

Such an outcome would defeat the purpose of the reform." The new power would allow HMRC to notify a taxpayer to correct the error, giving reasons. The taxpayer would have a legal obligation to ...

HMRC could get new powers that would force people to correct errors on their tax returns. The proposal forms part of a package of reforms to HMRC's existing enquiry and correction powers.

The taxman is requesting new powers to require people to self-correct errors in their tax returns. Consultation closes this week on the measure which is part of a package of several proposed reforms ...