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HMRC targets errors in marginal relief claims
Businesses urged to review returns and respond quickly.
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MPs call for multi-billion pound tax break transparency
Tax system labelled as overly complicated.NatWest profits rocket to £3.6bn after resignations
The part taxpayer-owned bank’s profits are higher than expected.Self-employed workers lack confidence in HMRC
Small businesses tire of constant legislation and investigation.Service levels undermining HMRC charter commitments
HMRC scores 2.3 out of 10 for responsiveness.Overpayment of tax on pensions hit £56m
Average tax reclaim form totals £3,551.High tax receipts drive better than expected borrowing figures
Public borrowing £2.7bn below forecasts for June.Government proposes merging R&D tax relief schemes
Changes would present opportunities for tax simplification.Company insolvencies remain high
Insolvencies up 27% on previous year.HMRC has ‘enormous amount of work’ to deliver MTD on time
Accountants call for ‘fresh thinking’ on MTD.High interest rates result in biggest UK wealth fall since World War II
High rates could end a 40-year wealth boom.