Budget has bad news for those who sell on credit Hammond moves HMRC to the front of queue when firms go insolvent Do you sell on credit? Then the budget just brought you some bad news. Philip Hammond announced yesterday

HMRC Spending More on Debt Collection 14th May 2018. The amount HMRC pays to private-sector debt collectors has risen by more than 500% in three years, suggesting it may be stepping up the pressure on people who cannot pay their tax bills.

“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

New Credit Card Rules Introduced, and Small Businesses Aren’t Happy 15th January 2018. From Saturday, retailers will be banned from charging an extra levy on purchases made with a credit card.  While this is yet another blow to the already-shaky

HMRC Increases Seizures Against Small Business 19th December 2017. HM Revenue and Customs seized business assets from 1,953 UK firms in 2016 to 2017, an increase of 23 percent since the previous tax year, recent research has shown. According to new