Parents slow to embrace tax-free childcare

More than 91,000 families in the UK took advantage of tax-free childcare in December 2018, the latest government statistics have revealed. Tax-free childcare provides help with childcare costs for working parents who earn more than £120 a week and less than £100,000 a...

Customs checks to be relaxed in no-deal Brexit scenario

Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...

The risks of a tax investigation

Humans are bad at assessing risk. We're terrified of plane crashes or being bitten by a poisonous snake, but relaxed about things that are statistically more likely to harm us. The likelihood of HMRC investigating your business's tax affairs seems to be a particularly...

Businesses warn against no-deal Brexit

Business groups have called for politicians to work together to avoid leaving the EU without a deal, following Parliament's historic rejection of the Government's Brexit proposal on 15 January 2019. MPs voted 432 votes to 202 to reject Prime Minister Theresa May's...

HMRC admits self-assessment glitch

"A wasp in my car caused me to have an accident and my tax return, which was inside, was destroyed", one taxpayer claimed was the reason behind filing self-assessment late last year. That's just one of several far-fetched excuses used in attempts to avoid a HMRC...