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Business Tax

Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

HMRC error affects payments on account

Taxpayers could receive much larger bill in January 2020.

June PAYE payment deadline falls on a weekend

Payments for June 2019 may need to be made sooner.

HMRC issues new VAT reverse charge guidance

Domestic reverse charge to take effect from 1 October.

Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

Tenant fees ban takes effect

Landlords in England are no longer be able to charge letting fees.

71% of SMEs plan to increase sales

Micro-businesses drive increase in ambition.

Welsh taxpayers charged Scottish tax rates

New income tax rates cause confusion over tax codes.

Business rates need reform, CBI says

Gaps between business rate revaluations is ‘punishing struggling areas’.

SMEs think UK tax system is ‘unfair’

Regulatory changes add administrative cost to firms.