Uber faces £1bn VAT showdown with HMRC June 23, 2024 Despite achieving its first full-year profit in February, Uber swung to a net loss of $654m (£524m) in the first quarter of this year.
UK tax gap nears £40bn as Tories and Labour pledge crackdown June 20, 2024 The gap between how much tax the government owes and the amount it collects has grown to almost £40bn, latest official figures show, as the Conservatives and Labour vow to tackle tax dodging ahead of the general election.
Knighthood for HMRC boss ‘an insult to British taxpayers’ June 19, 2024 The decision to give a knighthood to HMRC’s chief is “an insult to British taxpayers”, a campaign group has said, highlighting the tax authority’s woeful customer service.
HMRC tax rule changes put professional service firms into limbo June 10, 2024 The UK tax agency is probing firms for potential backdates contributions after changes to a tax rule which affects LLPs
Mike Ashley’s Frasers Group hires former HS2 and HMRC boss June 3, 2024 Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.
How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.
HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks May 24, 2024 HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, City A.M. has learned.
HMRC challenging media businesses for research and development tax relief May 19, 2024 HMRC currently challenges around 20 per cent of R&D tax relief claims overall - up from one per cent previously.
HMRC seeks another bite in ‘mega marshmallow’ tax case May 17, 2024 After losing twice in the long-running ‘mega marshmallows' tax case, HMRC has said it is looking to file yet another appeal
Spending watchdog says HMRC in ‘declining spiral’ and needs to rethink ‘unprecedented’ job cuts May 15, 2024 Taxpayers spent the equivalent of 800 years on hold when trying to phone HM Revenue and Customs' customer service in 2022-23, according to a scathing report by the UK spending watchdog that found the public had been "let down".