News

HMRC continues crackdown on malicious websites - 16 Aug, 2018

George Hay Chartered Accountants

Figures published by HM Revenue & Customs (HMRC) show that 20,750 malicious websites have been taken down in the…

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Taxpayers warned of Requirement to Correct as deadline approaches - 15 Aug, 2018

George Hay Chartered Accountants

Taxpayers with undeclared offshore tax liabilities that occurred prior to 6 April 2017, including Income Tax, Capital…

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HMRC’s plans to secretly access bank accounts revealed - 15 Aug, 2018

George Hay Chartered Accountants

HM Revenue & Customs’ (HMRC) plans to secretly access bank account information have been revealed in a document…

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Construction industry continues to suffer the consequences of bad debt - 15 Aug, 2018

George Hay Chartered Accountants

Customers defaulting on payments continues to threaten the success of subcontractors, working in the UK construction…

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HMRC collects more than £30 billion worth of extra tax in last financial year - 15 Aug, 2018

George Hay Chartered Accountants

New figures from HM Revenue & Customs (HMRC) have revealed that the tax authority brought in a total of £605.8…

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Communication from HMRC gives clarification on MTD for VAT - 15 Aug, 2018

George Hay Chartered Accountants

HM Revenue & Customs (HMRC) has finally issued their VAT notice on Making Tax Digital. This notice has added some…

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Stamp Duty Land Tax reforms benefit 100,000 first-time buyers - 15 Aug, 2018

George Hay Chartered Accountants

HM Revenue & Customs (HMRC) has published official statistics which reveal that more than 100,000 first-time buyers…

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MTD awareness lacking amongst small business owners - 25 Jul, 2018

George Hay Chartered Accountants

Making Tax Digital (MTD) is a key part of the Government’s plans to make it easier for individuals and businesses…

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Small businesses say the Government should simplify business rates - 25 Jul, 2018

George Hay Chartered Accountants

Research has revealed that the UK’s small business community is backing measures to simplify business rates. A total…

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Professionals call on Treasury not to lower VAT threshold before MTD and Brexit - 25 Jul, 2018

George Hay Chartered Accountants

The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has called on the Treasury to…

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