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Tax gap falls to lowest recorded rate

Tax gap falls to lowest recorded rate

Press releases   •   Jul 09, 2020 12:27 BST

The tax gap estimate for 2018-19 is 4.7%, HM Revenue and Customs (HMRC) confirmed today.

Businesses urged to register for Making Tax Digital before August

Businesses urged to register for Making Tax Digital before August

Press releases   •   Jul 11, 2019 10:50 BST

Businesses with an annual turnover above £85,000 are being urged by HM Revenue and Customs (HMRC) to sign up to Making Tax Digital before the 7 August VAT filing date.

New digital tax system to give over 1 million businesses more financial control

New digital tax system to give over 1 million businesses more financial control

Press releases   •   Apr 01, 2019 00:01 BST

From today, the government’s major Making Tax Digital programme becomes law for over one million VAT registered businesses earning over £85,000.

One week to go until HMRC makes tax digital for VAT

One week to go until HMRC makes tax digital for VAT

Press releases   •   Mar 25, 2019 00:01 GMT

There is just one week to go until Making Tax Digital for VAT is introduced for more than a million businesses.