tax evasion

HMRC crackdown on serious tax evasion

Posted under Tax Briefs, Ward Goodman News.

The number of cases of serious tax evasion that HM Revenue & Customs (HMRC) has been investigating increased by 8% last year. According to law firm Pinsent Masons, 2,972 cases were flagged up by local HMRC offices and passed on to its evasion referral team in 2015/16 – up from 2,749 the previous year.  Tax…

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tax brexit

The tax implications of Brexit

Posted under Tax Briefs, Ward Goodman News.

24 June was a momentous day for the United Kingdom, as 52% of voters elected to leave the European Union (EU). The political fallout of the referendum result was immense for both major parties with the Prime Minister’s resigning from office. Whoever ends up leading the Conservative Party and taking the reins at Number 10,…

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entrepreneurship

New group gives entrepreneurship a voice in parliament

Posted under Tax Briefs, Ward Goodman News.

An all-party parliamentary group (APPG) for entrepreneurship has been launched by Business Secretary, Sajid Javid, in an attempt to make sure the “voice of entrepreneurs” is heard in Parliament. Initially, the group will focus on four key policy areas: enterprise education, exporting, tax reform and female founders. Tax reform is cited as the top concern…

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pay tax

Businesses ‘left unable to pay tax’ by HMRC

Posted under Tax Briefs, Ward Goodman News.

Many businesses in the UK have found themselves unable to pay tens of millions of pounds in VAT and corporation tax after changes to HMRC’s (HM Revenue & Customs) payment details were not communicated to them, it has been claimed. HMRC changed its bank account details without telling businesses and as a result, large tax…

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