The Institute of Directors (IoD) has outlined reforms to the Prompt Payment Code. The IoD recently submitted its views to the government on how best to strengthen the Code. These…
HMRC has urged businesses to make sure they are prepared for new customs and tax rules so that they can continue to trade with the EU from 1 January 2021.…
The Public Accounts Committee (PAC) has urged the government to give a 'more honest' picture of the likely levels of the UK tax gap. The tax gap is the gap…
The government has outlined plans to protect the UK's cash system and ensure people have easy access to cash. The Treasury stated that although cash use is declining, with people…
The government has launched a new coronavirus (COVID-19) fraud hotline in conjunction with independent charity Crimestoppers. Members of the public can now call the new fraud hotline anonymously and free…
HMRC has received over 54,800 claims from customers using a new online portal that allows employees to claim tax relief for working at home. The portal, which was launched on…