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Category Archives:Craig Nicholson

Government under mounting pressure to review Making Tax Digital timescale

The Government has again been urged to reconsider its timescale for Making Tax Digital (MTD), after a 50-page report from MPs in the Treasury Committee suggested that the project should be delayed by one-to-two years. Read More

Thousands of taxpayers file self-assessment returns over festive period

Thousands of Britons took time out of their Christmas holiday to submit self-assessment tax returns to HM Revenue & Customs (HMRC) this festive season, according to reports. Read More

Total amount of corporation tax owed to HMRC up by 15 per cent

The amount of unpaid corporation tax thought to be owed to HM Revenue & Customs (HMRC) by UK businesses has risen by 15 per cent, according to reports. Read More

HMRC consultation lays out proposals to extend its penalty powers when tackling tax avoidance

On 16 August, HM Revenue & Customs (HMRC) released a consultation document which outlines proposals to further extend its penalty powers when dealing with what it perceives as unacceptable tax avoidance. Read More

Theresa May confirms Britain will continue to crack down on corporate tax evasion

Newly appointed Prime Minister Theresa May has announced plans to tighten the screws on corporate tax evasion. Read More

HMRC reduces number of investigations into high-value firms

A new study has found that HM Revenue & Customs (HMRC) is easing the pressure on a number of high-value businesses, by focusing on full-scale attacks on a select few suspicious firms. Read More

HMRC over-eager and misguided in digital transition, says NAO

The National Audit Office (NAO) has published a new report claiming that HM Revenue & Customs has been too eager to cut off its traditional contact channels in favour of online services. Read More

HMRC: thousands of pensioners will sell their annuity in secondary market

April 2017 will mark the launch of a secondary annuity market and HM Revenue & Customs (HMRC) have announced that they suspect thousands of pensioners will sell up following its launch. Read More

Deadline looms for tax-free ISA savings

Recent research has revealed that today, March 30, is traditionally the most popular day of the year for ISA investing. Read More

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