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A pilot for a new online VAT service was launched today, with HMRC inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.
First published during the 2016 to 2019 May Conservative government
Mel Stride delivered a speech on the relevance and potential of the UK-Hong Kong relationship.
Taxpayers could face penalties if they fail to declare their income on foreign assets before Requirement to Correct legislation comes into force.
Britain’s world-leading creative sector has benefited from over £850 million of support in the last year, official statistics showed today (19 July 2018).
This legislation, which implements tax policies announced in recent fiscal events, continues the government’s commitment to a competitive and fair tax system.
HMRC has removed more than 20,000 malicious websites during the past year, but warns people to stay alert to the threat from online fraudsters.
Three million UK couples have already taken advantage of Marriage Allowance but a million more are still eligible for the free tax break.
The latest tax gap figures show the success HMRC has had in reducing revenue lost to the public.
HMRC has saved the public over £2.4m by tackling fraudsters that trick them into using premium rate phone numbers for services that HMRC provide for free.
Fraudsters are sending scam emails and SMS-messages that promise tax rebates to trick people into disclosing their account and personal details.
69,000 first-time buyers have benefited from the abolition of stamp duty land tax on properties under £300,000 since the relief was introduced.
The measures are included in the Finance Act 2018 which received Royal Assent today (15 March 2018).
The Chancellor Philip Hammond has today (10 January 2018) welcomed the department’s new ministerial team.
The updated guidance sets out how the consultation process will work when there is just one fiscal event each year – an Autumn Budget.
The Finance Bill takes steps to help young people with the cost of living, crack down on tax avoidance and evasion, and protect the environment.
Corporations could be prosecuted if they fail to prevent staff from criminally facilitating tax evasion under a new HMRC law that comes into effect this weekend.
A new service to directly help mid-sized businesses as they expand and grow, has been launched today by HM Revenue and Customs (HMRC).
Mel Stride: “UK businesses are leading the way in technology and innovation”
'A fair tax system is a key part of our plan to build a fairer society', says Mel Stride, Financial Secretary.
A new online tax forum and dedicated webchat service for small businesses and the self-employed has been launched today by HMRC.
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