MPs Demand Immediate Business Rates Reform 30th January 2018. After the false start in the business rates relief fund, the influential Treasury Select Committee has now called for an urgent review of the crippling business rates. This follows a disappointing

22/01/2018 Mind the (tax) gap! With the 31 January deadline for submitting online self assessment tax returns for 2016/17 looming large, it is an appropriate time to consider the ‘tax gap’ – the difference between the amount of tax that

SMEs Still Waiting… For Research and Development Tax Relief! 19th January 2018. It has been revealed that the Treasury owes UK SMEs as much as £84 billion in unclaimed Research and Development tax relief (R&D). This means that a majority of

“My Wife Was Seeing Aliens So I Couldn’t Pay My Taxes!” 18th January 2018. HM Revenue and Customs (HMRC)  have released some of the weirder excuses for why people haven’t filed their tax returns. One taxpayer claimed that their wife

Late Payments Causing Problems For Taxman 15th January 2018. Late payments are a problem for businesses globally. Although they do the most damage to small businesses, the disruptions they can cause to cash flow can be devasting to businesses of