After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Sandwich or Confectionery? M&S strawberry sandwich raises VAT questions June 26, 2025 M&S has jumped on the bandwagon of the viral Japanese strawberry sando by launching its own, but the treat has raised the old familiar question about VAT
London’s Hippodrome Casino takes HMRC to court June 24, 2025 The Hippodrome Casino is at court today, seeking to overturn an 'unusual' ruling in a case over which method to use for the recovery of residual input tax
HMRC to cash in on hiked Wimbledon prize money June 22, 2025 The increase in prize money at Wimbledon this year has been described as a win for HMRC by a top tax advisory firm. Winners of the men’s and women’s singles titles will each bag themselves £3m at this year’s Wimbledon Championships, a figure up on last year’s sum. Even first round losers will earn £66,000 [...]
What changes to the pension salary sacrifice scheme could mean for you? June 11, 2025 A new report from HMRC has raised concerns around changes to the pension salary sacrifice scheme. A report on workplace pensions by HMRC has fuelled speculation around changes to salary sacrifice schemes. The report looked into employers’ behaviours and attitudes on salary sacrifices and looked into how potential reforms to tax reliefs could change these. [...]
Labour to give HMRC £500m for AI boost June 9, 2025 The British tax agency, HMRC, is set to receive £500m in funding, which will see the introduction of an AI tool to assist the public with enquiries
Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue June 9, 2025 The company behind TV chef Gino D’Acampo’s restaurant empire owed more than £11m as it collapsed into administration, it has been revealed. Upmarket Leisure Ltd, which controlled the former This Morning star’s venues, was served with a wind-up petition by HMRC in March and moved to appoint an administrator before being saved in a £5m [...]
HMRC criticised for not reporting £47m phishing attack sooner June 5, 2025 Information from 100,000 taxpayers was targeted by criminals who committed a phishing attack on HMRC
HMRC eyes prosecution powers in tax evasion clampdown May 29, 2025 HMRC is under pressure to recover lost revenues from tax evasion, resulting in it horning in on its criminal investigation powers.
HMRC review signals potential pension tax changes in Autumn May 28, 2025 Rachel Reeves could target pension savers in fresh tax grab as the Chancellor looks for additional ways to fund the government’s ballooning spending. His Majesty’s Revenue and Customs (HMRC) has published research as part of an official review of workplace retirement schemes, exploring cuts to the tax benefits of salary sacrifice pension schemes. The schemes, [...]
HMRC crackdown on R&D tax fraud sees probes into 33 football clubs May 27, 2025 HMRC has opened investigations into several professional football clubs over concerns that they may have exploited a tax relief scheme