HMRC still failing to meet performance targets

[ad_1] HMRC’s performance update for October to December 2022 shows customer service standards for dealing with phone calls and correspondence are still not being met. There has been a worrying further increase in HMRC’s debt balance. HMRC’s customer service problems are starting to receive significant attention from the mainstream media on the back of Parliamentary […]

HMRC targets offshore corporate property structures

[ad_1] HMRC will soon have information from the register of overseas entities at Companies House. It plans to use this information to investigate taxpayer’s arrangements. The register of overseas entities was launched in the summer of 2022. Held by Companies House, it requires overseas entities that own land or property in the UK to declare […]

HMRC campaign targets income from online marketplaces

[ad_1] Letters are being sent out to taxpayers from the week commencing 16 January that invite recipients to correct their tax affairs, where necessary, by making a digital disclosure. This HMRC campaign is being aimed at two specific population sets; namely those who have earned income from: online marketplace sales; or creating content on digital […]