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HMRC Can Now Raid Bank Accounts Directly
Tax Enforcement HMRC Can Now Raid Bank Accounts Directly HMRC HAS REVIVED powers allowing it to take money directly from taxpayers’ bank accounts to settle unpaid tax debts. These so-called “direct recovery” powers apply [...]
Spring Statement 2022 – Sunak’s Tax Plan
The UK Chancellor today delivered his much heralded Spring Statement. At Shipleys Tax we look at some of the brief highlights. Basic [...]
IR35 watch – HMRC suffers another knock out
IR35 has been the bane of many self employed workers and their advisers since its controversial inception many years ago. Recently, several [...]
New year brings new VAT & Customs rules
ON THE FACE of it, the UK left the EU on 31 December 2020. From 1 January 2022 there were additional customs [...]
Business rates loophole for second home owners to close
MANY SECOND home owners use a loophole to avoid council tax on the property. However, the government has announced that new rules [...]
How to get up to £5k off accounting software with new Govt scheme
A GOVERNMENT SCHEME launched 20 Jan 2022 gives businesses up to £5,000 saving on accounting and customer relationship management software. What it [...]
HMRC to retrospectively recoup Child Benefit charges
THE GOVERNMENT has confirmed that the upcoming Finance Bill will include changes to discovery assessments, allowing HMRC to recoup unpaid high income [...]
Electric car charging points – is it tax free?
AS PART OF the UK Government’s climate change initiative to encourage drivers to ‘go electric’, the Transport Secretary, Grant Shapps, announced an [...]
Received an automated message from HMRC saying you are under investigation? Why you should NOT reply
ITS APPROACHING that time of year when taxpayers start thinking about their self assessment returns and tax refunds. This is also the [...]
Millions paid in avoidable Inheritance Tax
SHIPLEYS TAX - Tax Bites A RECENT study on Inheritance Tax paid suggests that many hundreds of taxpayers are being caught out [...]
