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What are the latest stories impacting tax and accounting?

Whether it be news from the budget, or HMRCs digital reform plans, there are a wide range of regular news stories outlining the impact on individuals and businesses.

OTS explores moving end of tax year
June 7, 2021
Tax simplicity is the priority for the OTS.
Furlough figures fall to their lowest levels this year
June 4, 2021
The Treasury said its recovery plan ‘is working’.
HMRC updates process for furlough claims
June 3, 2021
Updated templates should make the system easier.
Hundreds of taxpayers caught out by IHT gift rule
June 2, 2021
Taxpayers lost out on over £600 million.
PM calls for SMEs to lead charge to net zero
June 1, 2021
The Government wants SMEs to achieve net zero by 2050.
Trade credit reinsurance scheme to end
May 28, 2021
It will end on the originally planned date.
R&D tax credit scheme a ‘costly failure’, says report
May 27, 2021
Companies invest less than before the policy’s introduction.
Employers told to issue childcare voucher reminder
May 26, 2021
HMRC also implies working parents might be better off using tax-free childcare.
HMRC seeks to remove VAT repayment supplement
May 26, 2021
Tax body warns of potentially ‘devastating’ impact on VAT-registered businesses’ cashflow.
Government borrowing surpasses £30bn in April
May 26, 2021
The data comes from a joint ONS-Treasury report.