If you’ve made money from breeding or selling cats, dogs and other animals, HMRC thinks there are widespread instances of failure to pay tax on such income, and it’s writing to those it believes are involved.
HMRC’s new VAT tool
If you are thinking about registering voluntarily for VAT, or hovering around the £90,000 compulsory registration threshold, the new VAT Registration Estimator tool from HMRC could be for you.
Employers: avoid unwanted attention from HMRC
The latest tax gap figures show a black hole of more than £3 billion for PAYE. This gap is being put down to employer errors.
Extra staff for Christmas
Employers boosting their workforce need to remember the pensions automatic enrolment rules. We outline what to look out for.
Major change for holiday lets
Preferential tax rules for furnished holiday lettings (FHLs) end in April 2025, removing any tax incentive to offer short-term holiday lets, rather than letting residential property on a longer basis.
Getting Joint property ownership right
A key Tax Tribunal case involved a taxpayer’s appeal against penalties for failing to notify HMRC of a property letting income tax liability.
HMRC’s offer of Time to Pay for tax owing
HMRC offers Time to Pay (TTP) where a business or individual is struggling to make a tax payment because of genuine financial hardship or personal difficulties.
HMRC construction industry concerns
Subcontractor verification is under HMRC’s spotlight. With records showing that some contractors are making incorrect Construction Industry Scheme (CIS) deductions, HMRC is currently taking a keen interest in the construction sector.
