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...
READ MOREVAT receipts hit record £133bn
The amount of VAT collected in the last year has risen by 5.3% to a record £133bn driven by the wholesale and retail sectors, despite widespread VAT evasion.
The latest 2018/19 figures from HMRC show revenue up £7bn from £126bn in the comparable period 2017/18. Over the last decade VAT take has risen 52% from £87.6bn i 2008/09.
Read more at the Accountancy Daily.
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