Latest News & Events
Only three weeks to go until major payment deadline for controversial loan charge
Taxpayers subject to the controversial ‘loan charge’ only have three weeks until the deadline to settle their debts with HMRC.
Windsor leads the UK for admitting tax avoidance – UK hotspots revealed
Windsor leads the UK for the highest concentration of people admitting tax avoidance, our research shows.
Tax evasion whistleblowing up 10% in a year – 73,000 reports made to HMRC last year
The number of tax evasion whistleblowing reports made online to HMRC has increased by 10% in a year – up from 66,000 in 2018/19 to 73,000 in 2019/20*, according to our research.
Rishi Sunak’s announcement at a glance
Today Rishi Sunak announced a series of measures to support businesses and the self-employed through the next period of the coronavirus crisis, as part of his Winter Economic Plan. While he referenced three consecutive months of growth in the economy, he was careful to highlight the fragility of the economy as we move forward into […]
Chancellor extends 5% VAT relief for the leisure and hospitality sector
The hospitality and leisure sector has been one of the hardest hit by the coronavirus pandemic. In order to help the sector the Chancellor previously announced a temporary reduction in the VAT rate to 5% on specified activities. This was due to end 12 January 2021 but has now been extended to 31 March 2021.
Chancellor announces help for businesses to pay deferred VAT
Rishi Sunak has announced that businesses will be allowed to spread that VAT bill over 11 smaller repayments, with no interest to pay. This is effectively a significant interest fee loan to businesses of government money.