£35 billion UK tax lost to fraud, tax avoidance and non-payment
There’s never a good time to lose money. But the last thing the UK can afford right now is a bigger tax gap. What’s the tax gap? The tax gap is the different between the [...]
September 2021
New ‘tax conditionality checks’ for renewal of taxi and scrap metal licences
‘Tax conditionality’ is a new HMRC policy being brought in as part of their strategy to tackle tax avoidance in the hidden economy. It means that renewing some mandatory operating licences will be conditional on [...]
How much will the National Insurance rise cost me?
National Insurance Contributions (NICs) are going up by a total of 2.5% points. This is being shared equally between employees and employers, with each paying 1.25% extra. Self employed taxpayers will also pay see their [...]