HMRC eyes potentially underdeclared dividend income
HMRC is using its data analytic powers to contact taxpayers where it thinks there’s a chance that income has been overlooked. What it’s interested in is income from distributions or dividends. It has been looking at company accounts, and where it has identified a...Budget Surprises
If they weren’t exactly rabbits out of the hat, Spring Budget 2024 still sprang its share of surprises. VAT registration limit Having been frozen at £85,000 since 2017, the VAT registration threshold wasn’t expected to change until at least March 2026. The Chancellor...Research and Development (R&D) Tax Reliefs – The New Merged Scheme
R&D tax relief is a government incentive providing companies with tax breaks to encourage investment in innovative projects in the field of science and technology.
Real or fake? How HMRC communicates
Out of the blue, a text or phone call claiming to be HMRC.
Construction industry tax compliance
New change raises the bar for gross payment status (GPS).
