HMRC sends pillar two educational letters to large businesses
[ad_1] HMRC has started sending letters to large businesses who it believes may be within the scope of the UK’s new multinational top-up tax (MTT) and domestic top-up tax (DTT). The letters are intended to educate businesses about the new rules being introduced and allow them to clarify any issues in advance with HMRC. MTT […]
HMRC’s letters regarding electronic sales suppression
[ad_1] Businesses who might not have paid the correct income tax, corporation tax or VAT owing to misuse of their till systems are receiving letters from HMRC. HMRC is sending letters with the intention of giving businesses using electronic sales suppression (ESS) an opportunity to get their tax affairs in order by coming forward voluntarily […]
HMRC nudge letters sent in error
[ad_1] HMRC has advised ICAEW’s Tax Faculty that, due to a mailing list error, some taxpayers or their agents have incorrectly received income tax self assessment reminders for 2020/21. ICAEW’s Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible […]