Business tax

Decision to cut paper tax copies criticised as 'short-sighted'

Plans by HM Revenue and Customs (HMRC) to cut down on sending tax agents copies of some of the mail which is delivered to clients has been criticised for its lack of foresight.

PAYE mistakes highlight tax system 'complexity'

HM Revenue and Customs’ concession that upwards of six million people have either underpaid or overpaid their tax during the past two years is a sign that the current tax regime is overly complicated, it has been claimed.

Companies warned over accounts errors

Companies House has said that as many as 10 per cent of all company accounts filed have been rejected because they were incorrectly formatted.

PAYE errors mean billions in under- and overpaid tax

As many as six million people may have paid incorrect amounts of tax and national insurance through the PAYE system.

Government confirms launch of NIC holiday scheme

The government has announced the introduction of its national insurance contribution holiday for start-up firms in certain areas of the UK.

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