HMRC scam calls have decreased by 97 per cent

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HMRC scam calls have decreased by 97 per cent

Jan 25, 2022

Scammers posing as HM Revenues and Customs (HMRC) were rife in March 2021, with a staggering 79,477 calls reported. However, as of December 2021, reported scam calls were down by 97 per cent to 2,491. As well as calls, phishing emails saw ...

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Blog, HMRC, Tax

Almost 800,000 tax scams reported to HMRC in past 12 months, figures reveal

Nov 19, 2021

Nearly 800,000 tax-related scams were reported to HM Revenue & Customs (HMRC) in the past 12 months, a major study has revealed. The figures come as the tax authority prepares to send millions of emails and text messages to taxpayers ahead ...

Blog, HMRC, Tax

Are you a Self-Assessment taxpayer?

Oct 26, 2021

If you are, then keep reading... From today, you have less than a week to submit paper tax returns for the 2020/21 tax year before the deadline on Sunday 31 October. Those submitting online tax returns, you have 98 days! For the 31 ...

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Blog, Business accounting, Business Advice, HMRC, Personal accounting, SMEs

Scams: the heavy financial and health burden

Oct 20, 2021

According to recent research, the total amount of money it costs a fraudster’s victim to get help with their wellbeing after being scammed is £9.3 billion a year. This unwanted financial burden is equivalent to £2,509 per annum for each victim. ...

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Blog, Business Advice, HMRC, SMEs, Tax, VAT

MTD for Income Tax delayed until April 2024, HMRC confirms

Sep 27, 2021

Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. It means self-employed business owners and landlords will have one more year to prepare for the digitalisation of Self Assessment. According to HM Revenue & ...

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Blog, HMRC

CHIEF service to close from March 2023, Government reveals

Aug 05, 2021

The Customs Handling of Import and Export Freight (CHIEF) system will be replaced by a single unified customs service from March 2023, it has been announced. HM Revenue & Customs (HMRC) said its replacement, known as the Customs Declaration Service (CDS), ...

Blog, HMRC, Personal accounting, Tax

Increasing number of taxpayers targeted with threatening tax scams, HMRC warns

Mar 18, 2021

Taxpayers should remain vigilant to tax scams “threatening arrest” following a surge in reports, HM Revenue & Customs (HMRC) has warned. The warning comes after a significant number of “concerned individuals” contacted the offices of HM Courts and Tribunals Service (HMCTS) ...

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Blog, HMRC

HMRC announces light touch approach to IR35 errors in first 12 months

Feb 18, 2021

Businesses will not be penalised for errors relating to IR35 in the first 12 months, it has been announced. The news comes just weeks ahead of the introduction of the new off-payroll working rules which could see some contractors taxed the ...

Blog, HMRC, SMEs

One in five small businesses not entitled to financial support, FSB reveals

Feb 11, 2021

As many as one in five small businesses and sole traders are not entitled to financial support under the Government’s coronavirus support package, it has been revealed. The Federation for Small Businesses (FSB), who published the report, said up to three ...

Blog, HMRC

Self Assessment: thousands spread tax liabilities in response to coronavirus disruption

Jan 14, 2021

Thousands of self-employed workers have taken advantage of the Government’s extended Time to Pay scheme ahead of the 31 January Self Assessment deadline, a new report has revealed. HM Revenue & Customs (HMRC) said around 25,000 taxpayers have now registered to ...

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