Ditch paper receipts – as VAT goes digital
Senior Decision Makers in finance and accounting admit to not being the best at keeping receipts, as 65% confess to having lost them, according to a new YouGov poll out today.
Senior Decision Makers in finance and accounting admit to not being the best at keeping receipts, as 65% confess to having lost them, according to a new YouGov poll out today.
Over 4,600 online sellers have been red-flagged to marketplaces for tax evasion during the last two years, reveals HM Revenue and Customs (HMRC). As a result, many sellers have had their online stores deleted.
A pilot for a new online VAT service was launched today, with HM Revenue & Customs (HMRC) inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.
More than half a million businesses have signed up to an online tax account – Your Tax Account – HM Revenue and Customs (HMRC) announced today.
A Co Armagh man has been arrested in connection with a suspected multi million pound VAT fraud, linked to the transport industry, after an investigation by HM Revenue and Customs (HMRC).
The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8% of tax liabilities, or £34 billion, in 2012-13.
A tax tribunal has backed HM Revenue and Customs (HMRC) in yet another tax avoidance case – this time against a university which claimed over £600,000 in VAT.
Businesses supplying digital services across the European Union will be able to register for a new online VAT service from 20 October.
The Court of Appeal has ruled that a member of an online retail group must pay corporation tax on VAT repayments, in a judgment that could safeguard up to £800 million for vital public services.
Tax cheats in the North East who try to fraudulently reclaim VAT are being targeted as part of an HM Revenue and Customs (HMRC) taskforce.
Business start-ups can take part in four free live tax webinars run by HM Revenue and Customs (HMRC) on 7 December as part of Small Business Saturday.
Tax cheats in Scotland and Northern Ireland who try to fraudulently reclaim VAT are being targeted as part of an HM Revenue and Customs (HMRC) taskforce.