“My Wife Was Seeing Aliens So I Couldn’t Pay My Taxes!”

Business
“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
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New Credit Card Rules Introduced, and Small Businesses Aren’t Happy

Business
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
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HMRC Increases Seizures Against Small Business

Business
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
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Taxpayers Beat Taxman In Reviews

Business
Taxpayers Beat Taxman In Reviews 14th December 2017. More than half of disputes between taxpayers and HM Revenue and Customs are found against the tax man, official data shows. HM Revenue & Custom’s annual report has revealed how more than
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HMRC Escalates Fines On Directors

Business
HMRC Escalates Fines On Directors The number of fines issued by HMRC has risen by 150 per cent over the last five years, with the majority of directors fined working in the finance sector. HM Revenues and Customs fined 115
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