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The Treasury had a £59.2 billion shortfall from unpaid taxes last year, with small businesses accounting for nearly two thirds of the UK’s tax gap, the latest figures by HM Revenue & Customs (HMRC) ...
The tax department believes that new technologies have the potential to automatically classify transactions that are currently frequently miscategorised, enabling simplification of government ...
Usage of HMRC’s Check Employment Status for Tax (Cest) tool fell by a further 43% during the 2025-26 tax year, continuing a dramatic downward trend that has seen overall usage collapse by 71% in just ...
Question: Are your knives sharp? If they're new, they probably are. But if you've had them for a while, they probably aren't as sharp as you think. Everyday use can wear down the blades pretty quickly ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The founders of 2ndKitchen are ...
HMRC has urged tax advisers to "check" whether they need to register under new regulations. The tax authority announced on Thursday (14 May) that a new registration requirement for tax advisers will ...
an update to the CRS reportable jurisdiction list, penalty guidance updates covering how penalties are applied and how due diligence failures are treated for Preexisting and New Accounts. HMRC’s ...
President Trump on Tuesday restored the Presidential Fitness Test Award for public schoolchildren — less than a year after he revived the health program that was nixed during the Obama administration.
President Trump formally nixed former first lady Michelle Obama’s student health program and reinstated the Presidential Fitness Test to schools across the country Tuesday as part of his “Make America ...
People born between 2002 and 2011 may be entitled to an HMRC payment of thousands thanks to savings from a tax-free account set up when they were born. GB News issue huge Princess of Wales update ...
HM Revenue and Customs has invited taxpayers to participate in a “private beta” of its pillar two returns system ahead of the June 30 filing deadline, ITR’s Pillar 2 Forum heard today, April 28.