HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MOREDelay digital tax reforms to avoid chaos, Phillip Hammond urged
Phillip Hammond is coming under pressure to delay controversial digital tax reforms amid warnings of mass chaos if he pushes ahead with scheme next month as planned.
Fears are mounting that the move, which affects 1.2 million business, will lead to more tax errors as 97 per cent of businesses have still not signed up and tens of thousands still unaware it is coming.
Read more at The Telegraph.
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NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
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Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
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