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Around 460,000 people chased HMRC for refunds on overpaid income tax in the 2018/2019 tax year.
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Wholesales suppliers have claimed the top spots on HMRC latest quarterly list of deliberate tax defaulters paying over £1m in penalties for unpaid tax.
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For many, owning and selling their own home is thought to be tax-free but, as always, tax is never quite as simple as that!
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From April 2020, within the private sector, it will be the employer’s responsibility to determine an individual’s employment status .
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According to an Intuit survey UK small business owners spent an average of 86 minutes checking their VAT returns for HMRC.
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