HMRC contacts agents of businesses in the hot food sector
[ad_1] A letter is being sent to over 500 agents asking them to check whether all sales of clients in the hot food sector are being recognised for VAT, income tax and corporation tax purposes. HMRC has identified over 4,000 businesses where it has reason to believe that their VAT liabilities should be higher than […]
Public sector finances return to red
[ad_1] February fiscal deficit hits £17bn, while the cumulative deficit for 11 months of £132bn doesn’t include backdated public sector pay awards. The monthly public sector finances for February 2023 released on Tuesday 21 March 2023 reported a provisional deficit for the month of £17bn, which is a return to red after a surplus of […]