HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
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Concerns have been raised that UK tax reliefs ran out of control during the 2018/19 period.
A report published by the National Audit Office (NAO) suggests that non-structural tax reliefs – often referred to as tax expenditures – such as tax credits for companies’ research and development (R&D) costs and income tax relief on pension contributions are not monitored properly, neither is their full economic impact.
Read more at the Accountancy Age.