LONDON--(BUSINESS WIRE)--Tax Systems, the leading provider of tax software in the UK & Ireland, today announced that they have implemented HMRC recommended checks into its cloud-based AlphaVAT digital ...

Thousands face being charged the wrong amount of tax due to a computer bungle at HM Revenue & Customs. A letter from HMRC to accountants, seen by Money Mail, shows the software is making errors in ...

Peers on the House of Lords Economic Affairs Select Committee have urged HMRC to delay the introduction of Making Tax Digital for VAT by at least one year. Despite already making some concessions, ...

Increased tax compliance measures have yielded £11.4bn in unpaid tax as investigations into rich people and mid-size businesses grew. The sum came as HM Revenue and Customs (HMRC) opened 23% more ...

There is a VAT threshold for every small business that is set by HMRC and can vary. Once taxable income exceeds the value set for any given financial year, businesses must register for VAT. Failure to ...

HMRC have announced that a new digital tool, the VAT Registration Estimator, has been developed in order to help small business owners determine what registering for VAT could mean for their business.