The total amount of withdrawals made using pension freedoms since April 2015 has risen to £25.62 billion, Government statistics show. People aged 55 and over have benefitted from more choice when it comes to accessing…
Businesses that signed up to Making Tax Digital (MTD) before they were ready to meet the requirements could risk incurring penalties, the Association of Taxation Technicians (ATT) has warned. MTD for VAT came into force…
By autumn 2019, taxpayers unhappy with the service they’ve received from HMRC will be able to email the Adjudicator’s Office (AO), rather than having to write, fax or call. The AO is the independent watchdog…
Analysis of government data by a body representing British businesses has found that together UK firms paid £196 billion in taxes in 2018/19. In 2017/18, the total bill was £188 billion. At the current rate,…